NAGA receives "BUY" rating and target price of EUR 1.40 in new M.M. WARBURG
& CO report

EQS-News: The NAGA Group AG / Key word(s): Research Update
NAGA receives "BUY" rating and target price of EUR 1.40 in new M.M. WARBURG
& CO report

22.05.2024 / 11:45 CET/CEST
The issuer is solely responsible for the content of this announcement.

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NAGA receives "BUY" rating and target price of EUR 1.40 in new M.M. WARBURG
& CO report

Rating: Buy
Price Target: EUR 1.40
Upside to current share price: 79.5%


Hamburg, 22 May 2024 - The NAGA GROUP (XETRA: N4G, ISIN: DE000A161NR7) today
announced that M.M. Warburg & Co issued a new research report on the
company, assigning a "BUY" rating and a target price of EUR 1.40. Based on a
Xetra share price of EUR 0.78 on 21 May 2024, an upside potential of over
79% is attributed to the shares.

The report highlights the benefits of the merger with Capex.com and its
positive outlook post-closing. We encourage investors to review the full
report, available on our website.

Click here to access

About NAGA

NAGA is an innovative fintech company that seamlessly connects personal
finance transactions and investments through its social proprietary trading
platform. The company's platform offers a range of products from stock
trading, investments, and cryptocurrencies to a physical VISA card.
Additionally, the platform allows for exchanges with other traders, provides
relevant information in the feed, and autocopy features for successful
members' trades. NAGA is a synergistic total solution that is easily
accessible and inclusive. It provides an improved foundation to trade,
invest, network, earn and pay. This applies to both fiat and crypto
products.

Investor Relations Contact

The NAGA Group AG
Michael Milonas
Co-Founder and Deputy CEO
ir@naga.com


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22.05.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS
News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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   Language:       English
   Company:        The NAGA Group AG
                   Hohe Bleichen 12
                   20354 Hamburg
                   Germany
   E-mail:         info@naga.com
   Internet:       www.naga.com
   ISIN:           DE000A161NR7
   WKN:            A161NR
   Indices:        Scale 30
   Listed:         Regulated Unofficial Market in Berlin, Dusseldorf,
                   Frankfurt (Basic Board), Hamburg, Munich, Stuttgart,
                   Tradegate Exchange
   EQS News ID:    1908079

End of News EQS News Service
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1908079 22.05.2024 CET/CEST