OREANDA-NEWS. June 23, 2010. Revitalization of the Russian economy and restoration of the country’s automobile market after the crisis, as well as financial results 2009 ought to raise KAMAZ stock prices dramatically.

This statement was made by VTB Capital, Investment Business of VTB International Financial Group, in its press release. The authoritative investment company considers KAMAZ stocks obviously underestimated and enhances their anticipated price to 3.19 US dollars which is by 44% higher than the current level.

According to the results 2009, KAMAZ controlled 55% of the Russian heavy-duty truck market, and the company should especially gain from the present process of the market rehabilitation the rate of which exceeds analysts’ expectations. In addition, VTB Capital supposes that, among other things, the existent quotations don’t take into account a long-term growth potential of the Russian heavy-duty truck market and prospects of KAMAZ which will remain the leader for a long time, beyond question. Therefore such further developments when KAMAZ’s stocks will cost more than 3.5 US dollars that is by 59% higher than their current price are not ruled out either.