RATINGS
Overview of breakdown in relative terms of our investment ratings (as of 31 October 2025)
| Number of recommendations | As percentage | |
| Buy | 102 | 49,3 % | 
| Hold | 57 | 27,5 % | 
| Sell | 48 | 23,2 % | 
| Total | 207 | 
History of rating regarding recommendation changes (last 12 months)
| Company | Date | Recommendation | Target Price | Actual Price | Analyst | Validity of Recommendation | ESG rating | ESG score | 
| TORPOL | 30 October 2025 | buy | 65 PLN | 52 PLN | Tomasz Duda | 30 October 2026 | 0,99 | C | 
| XTB | 30 October 2025 | buy | 80 PLN | 65.6 PLN | Michał Fidelus | 30 October 2026 | 1,07 | B | 
| DIAG | 17 October 2025 | hold | 185 PLN | 180 PLN | Dariusz Dziubiński, Andrzej Kędzierski | 17 October 2026 | 1,25 | B | 
| NEUCA | 17 October 2025 | buy | 950 PLN | 733 PLN | Dariusz Dziubiński, Andrzej Kędzierski | 17 October 2026 | 1,3 | B | 
| SELVITA | 17 October 2025 | hold | 38.2 PLN | 36.5 PLN | Dariusz Dziubiński, Andrzej Kędzierski | 17 October 2026 | 1,22 | B | 
| SYNEKTIK | 17 October 2025 | buy | 313 PLN | 255.4 PLN | Dariusz Dziubiński, Andrzej Kędzierski | 17 October 2026 | 0,94 | C | 
| VOXEL | 17 October 2025 | hold | 184.3 PLN | 174.8 PLN | Dariusz Dziubiński, Andrzej Kędzierski | 17 October 2026 | 1,25 | B | 
| KRUK | 15 October 2025 | buy | 546 PLN | 437.3 PLN | Michał Fidelus | 15 October 2026 | 1,25 | B | 
| Atende | 06 October 2025 | hold | 4.31 PLN | 4.03 PLN | Lukas Cinikas | 06 October 2026 | 0,69 | C | 
| FERRARI (RACE IM) | 03 October 2025 | hold | 418.51 EUR | 410.9 EUR | Patryk Olszanowski, Lukas Cinikas, Damian Szparaga | 03 October 2026 | 1,18 | B | 
| FORD (F US) | 03 October 2025 | sell | 10.55 USD | 12.27 USD | Patryk Olszanowski, Lukas Cinikas, Damian Szparaga | 03 October 2026 | 1,46 | B | 
| MERCEDES BENZ (MBG GY) | 03 October 2025 | hold | 61.1 EUR | 54.15 EUR | Patryk Olszanowski, Lukas Cinikas, Damian Szparaga | 03 October 2026 | 1,37 | B | 
| PORSCHE (P911 GR) | 03 October 2025 | sell | 39.51 EUR | 42.27 EUR | Patryk Olszanowski, Lukas Cinikas, Damian Szparaga | 03 October 2026 | 1,07 | B | 
| STELLANTIS (STLAM IM) | 03 October 2025 | sell | 7.73 EUR | 8.14 EUR | Patryk Olszanowski, Lukas Cinikas, Damian Szparaga | 03 October 2026 | 1,26 | B | 
| Tesla Inc (TSLA US) | 03 October 2025 | sell | 207.3 USD | 459.46 USD | Patryk Olszanowski, Lukas Cinikas, Damian Szparaga | 03 October 2026 | 0,78 | C | 
| Uber Technologies Inc (UBER US) | 03 October 2025 | buy | 139 USD | 96.61 USD | Patryk Olszanowski, Lukas Cinikas, Damian Szparaga | 03 October 2026 | 0,82 | C | 
| BOGDANKA | 26 September 2025 | sell | 16.22 PLN | 23.65 PLN | Tomasz Duda | 26 September 2026 | 0,89 | C | 
| 11BIT | 25 September 2025 | sell | 165.1 PLN | 181 PLN | Emil Popławski | 25 September 2026 | 0,95 | C | 
| CDPROJEKT | 25 September 2025 | buy | 305.8 PLN | 254.5 PLN | Emil Popławski | 25 September 2026 | 1,45 | B | 
| CREEPYJAR | 25 September 2025 | buy | 520.7 PLN | 452 PLN | Emil Popławski | 25 September 2026 | 1,02 | B | 
| HUUUGE | 25 September 2025 | buy | 30.4 PLN | 23.1 PLN | Emil Popławski | 25 September 2026 | 0,94 | C | 
| PLAYWAY | 25 September 2025 | hold | 300.6 PLN | 286 PLN | Emil Popławski | 25 September 2026 | 0,98 | C | 
| TSGAMES | 25 September 2025 | hold | 94.9 PLN | 83.5 PLN | Emil Popławski | 25 September 2026 | 1,25 | B | 
| SKARBIEC | 17 September 2025 | buy | 37 PLN | 28.9 PLN | Michał Fidelus | 17 September 2026 | 0,98 | C | 
| UNIMOT | 12 September 2025 | hold | 159.48 PLN | 145 PLN | Krzysztof Kozieł | 12 September 2026 | 1,08 | B | 
| APATOR | 12 September 2025 | buy | 28.5 PLN | 22.2 PLN | Damian Szparaga | 12 September 2026 | 1,05 | B | 
| QUERCUS | 02 September 2025 | buy | 13.2 PLN | 11.1 PLN | Michał Fidelus | 02 September 2026 | 1,23 | B | 
| MAERSK (MAERSKB DC) | 29 August 2025 | sell | 10889 DKK | 13595 DKK | Patryk Olszanowski | 29 August 2026 | 1,1 | B | 
| ALBEMARLE (ALB US) | 14 August 2025 | buy | 114.2 USD | 81.67 USD | Patryk Olszanowski | 14 August 2026 | 1,65 | A | 
| HELLENIQ (ELPE GA) | 14 August 2025 | hold | 8.86 EUR | 8.35 EUR | Krzysztof Kozieł | 14 August 2026 | 8,86 | C | 
| MOL (MOL HB) | 14 August 2025 | buy | 3628 HUF | 2998 HUF | Krzysztof Kozieł | 14 August 2026 | 0,91 | C | 
| MOTOROIL (MOH GA) | 14 August 2025 | hold | 27.33 EUR | 26.6 EUR | Krzysztof Kozieł | 14 August 2026 | 0,94 | C | 
| OMV (OMV AV) | 14 August 2025 | buy | 57.33 EUR | 46.86 EUR | Krzysztof Kozieł | 14 August 2026 | 1,2 | B | 
| OMV PETROM (SNP RO) | 14 August 2025 | sell | 0.8 RON | 0.84 RON | Krzysztof Kozieł | 14 August 2026 | 1,32 | B | 
| PKNORLEN | 14 August 2025 | hold | 86.21 PLN | 79.26 PLN | Krzysztof Kozieł | 14 August 2026 | 0,84 | C | 
| Hermes (RMS FP) | 06 August 2025 | buy | 2478.5 EUR | 2095 EUR | Lukas Cinikas | 06 August 2026 | 1,05 | B | 
| Kering (KER FP) | 06 August 2025 | hold | 220.1 EUR | 211.4 EUR | Lukas Cinikas | 06 August 2026 | 1,06 | B | 
| LVMH (MC FP) | 06 August 2025 | buy | 687.8 EUR | 456.5 EUR | Lukas Cinikas | 06 August 2026 | 1,09 | B | 
| ARLEN | 30 July 2025 | buy | 52 PLN | 37.4 PLN | Dariusz Dziubiński | 30 July 2026 | 0,53 | C | 
| ASSECOPOL | 21 July 2025 | sell | 190.1 PLN | 210.4 PLN | Emil Popławski | 21 July 2026 | 1,34 | B | 
| ASSECOSEE | 21 July 2025 | hold | 81.5 PLN | 77 PLN | Emil Popławski | 21 July 2026 | 1,35 | B | 
| COMP | 21 July 2025 | buy | 277.9 PLN | 239 PLN | Emil Popławski | 21 July 2026 | 1,13 | B | 
| CCC | 21 July 2025 | buy | 260 PLN | 213.9 PLN | Dariusz Dziubiński | 21 July 2026 | 1,12 | B | 
| LPP | 21 July 2025 | buy | 22000 PLN | 15790 PLN | Dariusz Dziubiński | 21 July 2026 | 1,18 | B | 
| VRG | 21 July 2025 | buy | 6.5 PLN | 3.86 PLN | Dariusz Dziubiński | 21 July 2026 | 0,86 | C | 
| WITTCHEN | 21 July 2025 | sell | 18 PLN | 18.86 PLN | Dariusz Dziubiński | 21 July 2026 | 0,67 | C | 
| BENEFIT | 18 July 2025 | buy | 6000 PLN | 3100 PLN | Dariusz Dziubiński | 18 July 2026 | 1,31 | B | 
| CAVATINA | 03 July 2025 | sell | 15 PLN | 16.35 PLN | Michał Hanc | 03 July 2026 | 0,95 | C | 
| CTP (CTPNV NA) | 03 July 2025 | buy | 21 EUR | 17.5 EUR | Michał Hanc | 03 July 2026 | 1,124 | B | 
| ECHO | 03 July 2025 | buy | 6.55 PLN | 4.94 PLN | Michał Hanc | 03 July 2026 | 0,95 | C | 
| GTC | 03 July 2025 | sell | 3.9 PLN | 4.19 PLN | Michał Hanc | 03 July 2026 | 0,79 | C | 
| MLPGROUP | 03 July 2025 | buy | 103.5 PLN | 84.4 PLN | Michał Hanc | 03 July 2026 | 1,17 | B | 
| NEPI Rockcastle (NRP NA) | 03 July 2025 | buy | 8.7 EUR | 6.68 EUR | Michał Hanc | 03 July 2026 | 1,24 | B | 
| ZEPAK | 03 July 2025 | buy | 32 PLN | 23.25 PLN | Andrzej Kędzierski | 03 July 2026 | 0,94 | C | 
| GPW | 02 July 2025 | hold | 53 PLN | 51.45 PLN | Michał Fidelus | 02 July 2026 | 1,44 | B | 
| PROPETRO (PUMP US) | 01 July 2025 | buy | 11.41 USD | 6.11 USD | Patryk Olszanowski | 01 July 2026 | 0,79 | C | 
| SAIPEM (SPM IM) | 01 July 2025 | buy | 3.15 EUR | 2.29 EUR | Patryk Olszanowski | 01 July 2026 | 1,39 | B | 
| TIDEWATER (TDW US) | 01 July 2025 | buy | 78.9 USD | 44.82 USD | Patryk Olszanowski | 01 July 2026 | 0,89 | C | 
| STALPROFI | 27 June 2025 | hold | 9.6 PLN | 8.52 PLN | Michał Hanc | 27 June 2026 | 1,03 | B | 
| MERCOR | 27 June 2025 | hold | 25.5 PLN | 24.7 PLN | Damian Szparaga | 27 June 2026 | 0,87 | C | 
| GE Vernova (GEV US) | 25 June 2025 | sell | 303 USD | 499.88 USD | Damian Szparaga | 25 June 2026 | 1,35 | B | 
| Nordex (NDX1 GY) | 25 June 2025 | buy | 21.25 EUR | 16.58 EUR | Damian Szparaga | 25 June 2026 | 1,22 | B | 
| Siemens Energy (ENR GY) | 25 June 2025 | buy | 100.5 EUR | 87.32 EUR | Damian Szparaga | 25 June 2026 | 1,27 | B | 
| TPI Composites (TPIC US) | 25 June 2025 | sell | 0.9 USD | 1.1 USD | Damian Szparaga | 25 June 2026 | 1,13 | B | 
| Vestas (VWS DC) | 25 June 2025 | buy | 148 DKK | 101.25 DKK | Damian Szparaga | 25 June 2026 | 1,51 | A | 
| RAINBOW | 18 June 2025 | buy | 210 PLN | 128.6 PLN | Dariusz Dziubiński | 18 June 2026 | 0,98 | C | 
| ZEPAK | 18 June 2025 | buy | 38.8 PLN | 27.05 PLN | Andrzej Kędzierski | 03 July 2025 | 0,94 | C | 
| SKARBIEC | 17 June 2025 | buy | 36 PLN | 25.9 PLN | Michał Fidelus | 17 September 2025 | 0,98 | C | 
| CREOTECH | 09 June 2025 | hold | 329.1 PLN | 295 PLN | Lukas Cinikas | 09 June 2026 | 0,63 | C | 
| STALPROFI | 06 June 2025 | hold | 9.46 PLN | 8.6 PLN | Michał Hanc | 27 June 2025 | 1,03 | B | 
| CEZ | 03 June 2025 | sell | 904 CZK | 1208 CZK | Andrzej Kędzierski | 03 June 2026 | 1,2 | B | 
| ENEA | 03 June 2025 | hold | 19.4 PLN | 17.19 PLN | Andrzej Kędzierski | 03 June 2026 | 0,88 | C | 
| PEP | 03 June 2025 | hold | 75.1 PLN | 69.2 PLN | Andrzej Kędzierski | 03 June 2026 | 1,26 | B | 
| PGE | 03 June 2025 | buy | 11.8 PLN | 9.338 PLN | Andrzej Kędzierski | 03 June 2026 | 0,9 | C | 
| TAURONPE | 03 June 2025 | buy | 10.2 PLN | 6.874 PLN | Andrzej Kędzierski | 03 June 2026 | 0,98 | C | 
| VERBUND | 03 June 2025 | sell | 57.2 EUR | 68.75 EUR | Andrzej Kędzierski | 03 June 2026 | 1,44 | B | 
| FORTE | 29 May 2025 | buy | 33.12 PLN | 28 PLN | Krzysztof Kozieł | 29 May 2026 | 0,97 | C | 
| GRUPAAZOTY | 29 May 2025 | sell | 21.06 PLN | 24.02 PLN | Krzysztof Kozieł | 29 May 2026 | 0,57 | C | 
| MOBRUK | 29 May 2025 | buy | 330.45 PLN | 269.5 PLN | Krzysztof Kozieł | 29 May 2026 | 0,74 | C | 
| PCCROKITA | 29 May 2025 | buy | 95.48 PLN | 72.1 PLN | Krzysztof Kozieł | 29 May 2026 | 0,64 | C | 
| SANOK | 29 May 2025 | sell | 19.59 PLN | 22 PLN | Krzysztof Kozieł | 29 May 2026 | 1,16 | B | 
| YARA (YAR NO) | 29 May 2025 | hold | 421 NOK | 377.2 NOK | Krzysztof Kozieł | 29 May 2026 | 1,1 | B | 
| Atende | 26 May 2025 | buy | 3.77 PLN | 3.07 PLN | Lukas Cinikas | 06 October 2025 | 0,69 | C | 
| CYFRPLSAT | 20 May 2025 | buy | 20.8 PLN | 17.78 PLN | Konrad Musiał | 20 May 2026 | 1,31 | B | 
| DIGI (DIGI RO) | 20 May 2025 | hold | 69.3 RON | 65.8 RON | Konrad Musiał | 20 May 2026 | 1,02 | B | 
| MAGYARTEL (MTELEKOM HB) | 20 May 2025 | buy | 2000 HUF | 1736 HUF | Konrad Musiał | 20 May 2026 | 1,25 | B | 
| ORANGEPL | 20 May 2025 | hold | 10.8 PLN | 9.674 PLN | Konrad Musiał | 20 May 2026 | 1,25 | B | 
| TELEKOMAUT (TKA AV) | 20 May 2025 | buy | 11.6 EUR | 10.02 EUR | Konrad Musiał | 20 May 2026 | 1,35 | B | 
| CREOTECH | 19 May 2025 | hold | 333.3 PLN | 296.5 PLN | Lukas Cinikas | 09 June 2025 | 0,63 | C | 
| STALPROFI | 15 May 2025 | hold | 9.6 PLN | 8.36 PLN | Michał Hanc | 06 June 2025 | 1,03 | B | 
| ZEPAK | 14 May 2025 | buy | 37.9 PLN | 18.88 PLN | Andrzej Kędzierski | 18 June 2025 | 0,94 | C | 
| RAINBOW | 13 May 2025 | buy | 230 PLN | 159.6 PLN | Dariusz Dziubiński | 18 June 2025 | 0,98 | C | 
| QUERCUS | 08 May 2025 | hold | 12.5 PLN | 11.1 PLN | Michał Fidelus | 02 September 2025 | 1,23 | B | 
| CYBERFLKS | 07 May 2025 | buy | 200 PLN | 157 PLN | Emil Popławski | 07 May 2026 | 1,1 | B | 
| GRUPRACUJ | 07 May 2025 | hold | 66.5 PLN | 62.4 PLN | Emil Popławski | 07 May 2026 | 1,28 | B | 
| SHOPER | 07 May 2025 | buy | 54.4 PLN | 43.9 PLN | Emil Popławski | 07 May 2026 | 1,03 | B | 
| TEXT | 07 May 2025 | sell | 50.4 PLN | 55.6 PLN | Emil Popławski | 07 May 2026 | 1,19 | B | 
| VERCOM | 07 May 2025 | buy | 145.7 PLN | 115.6 PLN | Emil Popławski | 07 May 2026 | 1,04 | B | 
| WIRTUALNA | 07 May 2025 | buy | 105.8 PLN | 91.3 PLN | Emil Popławski | 07 May 2026 | 1,49 | B | 
| SKARBIEC | 17 April 2025 | buy | 30 PLN | 23.5 PLN | Michał Fidelus | 17 June 2025 | 0,98 | C | 
| QUERCUS | 10 April 2025 | buy | 11.3 PLN | 9.72 PLN | Michał Fidelus | 08 May 2025 | 1,23 | B | 
| Atende | 07 April 2025 | hold | 3.1 PLN | 2.68 PLN | Lukas Cinikas | 26 May 2025 | 0,69 | C | 
| Bloom Energy Corp (BE US) | 24 March 2025 | sell | 19.7 USD | 24.31 USD | Damian Szparaga | 24 March 2026 | 1,03 | B | 
| BNPPPL | 19 March 2025 | hold | 120 PLN | 110.5 PLN | Michał Fidelus | 19 March 2026 | 1,59 | A | 
| HANDLOWY | 19 March 2025 | hold | 119 PLN | 114.4 PLN | Michał Fidelus | 19 March 2026 | 1,51 | A | 
| INGBSK | 19 March 2025 | sell | 311 PLN | 332 PLN | Michał Fidelus | 19 March 2026 | 1,77 | A | 
| MBANK | 19 March 2025 | hold | 810 PLN | 809.2 PLN | Michał Fidelus | 19 March 2026 | 1,66 | A | 
| MILLENNIUM | 19 March 2025 | sell | 12.6 PLN | 13.3 PLN | Michał Fidelus | 19 March 2026 | 1,67 | A | 
| PKOBP | 19 March 2025 | hold | 85 PLN | 79.1 PLN | Michał Fidelus | 19 March 2026 | 1,57 | A | 
| SANPL | 19 March 2025 | hold | 622 PLN | 574.8 PLN | Michał Fidelus | 19 March 2026 | 1,51 | A | 
| BAWAG (BG AV) | 19 March 2025 | hold | 106.5 EUR | 100.3 EUR | Adam Motała | n.a. | 1,44 | B | 
| BRD - Groupe Societe Generale (BRD RO) | 19 March 2025 | hold | 20.2 RON | 18.42 RON | Adam Motała | n.a. | 1,44 | B | 
| Banca Transilvania (TLV RO) | 19 March 2025 | buy | 33.9 RON | 28.85 RON | Adam Motała | n.a. | 1,24 | B | 
| ERSTE (EBS AV) | 19 March 2025 | hold | 73.9 EUR | 67.54 EUR | Adam Motała | n.a. | 1,54 | A | 
| KOMERCNI (KOMB CP) | 19 March 2025 | sell | 1067 CZK | 1089 CZK | Adam Motała | n.a. | 1,61 | A | 
| MONETA (MONET CP) | 19 March 2025 | hold | 150.9 CZK | 146.4 CZK | Adam Motała | n.a. | 1,52 | A | 
| OTPBANK (OTP HB) | 19 March 2025 | buy | 29473 HUF | 25200 HUF | Adam Motała | n.a. | 1,51 | A | 
| RAIFFEISEN (RBI AV) | 19 March 2025 | buy | 30.2 EUR | 26.04 EUR | Adam Motała | n.a. | 1,12 | B | 
| DIAG | 18 March 2025 | hold | 152 PLN | 136.48 PLN | Dariusz Dziubiński | 17 October 2025 | 1,25 | B | 
| ALBEMARLE (ALB US) | 12 March 2025 | sell | 51.8 USD | 72.67 USD | Patryk Olszanowski | 14 August 2025 | 1,52 | A | 
| MERCEDES BENZ (MBG GY) | 12 March 2025 | buy | 75.1 EUR | 60.7 EUR | Patryk Olszanowski | 03 October 2025 | 1,4 | B | 
| Tesla Inc (TSLA US) | 12 March 2025 | sell | 162.8 USD | 230.58 USD | Patryk Olszanowski | 03 October 2025 | 0,82 | C | 
| FERRARI (RACE IM) | 12 March 2025 | sell | 347.8 EUR | 402.3 EUR | Lukas Cinikas | 03 October 2025 | 1,18 | B | 
| PORSCHE (P911 GR) | 12 March 2025 | hold | 61.1 EUR | 56.9 EUR | Lukas Cinikas | 03 October 2025 | 1,07 | B | 
| FORD (F US) | 12 March 2025 | sell | 7.6 USD | 9.96 USD | Damian Szparaga, Patryk Olszanowski | 03 October 2025 | 1,35 | B | 
| STELLANTIS (STLAM IM) | 12 March 2025 | sell | 10.5 EUR | 11.95 EUR | Damian Szparaga, Patryk Olszanowski | 03 October 2025 | 1,29 | B | 
| 11BIT | 04 March 2025 | sell | 164.8 PLN | 209 PLN | Emil Popławski | 25 September 2025 | 0,95 | C | 
| CDPROJEKT | 04 March 2025 | buy | 273 PLN | 221.6 PLN | Emil Popławski | 25 September 2025 | 1,45 | B | 
| CREEPYJAR | 04 March 2025 | hold | 410.2 PLN | 385 PLN | Emil Popławski | 25 September 2025 | 1,02 | B | 
| HUUUGE | 04 March 2025 | buy | 20.7 PLN | 17.22 PLN | Emil Popławski | 25 September 2025 | 0,94 | C | 
| PLAYWAY | 04 March 2025 | buy | 361.6 PLN | 305.5 PLN | Emil Popławski | 25 September 2025 | 0,98 | C | 
| TSGAMES | 04 March 2025 | hold | 91.1 PLN | 79.3 PLN | Emil Popławski | 25 September 2025 | 1,25 | B | 
| MERCOR | 27 February 2025 | sell | 24.3 PLN | 26 PLN | Damian Szparaga | 27 June 2025 | 0,87 | C | 
| XTB | 04 February 2025 | buy | 80 PLN | 65.6 PLN | Michał Fidelus | 30 October 2025 | 1,07 | B | 
| XTB | 27 January 2025 | buy | 94 PLN | 76 PLN | Michał Fidelus | 04 February 2025 | 1,07 | B | 
| MERCOR | 10 January 2025 | sell | 24.5 PLN | 28.5 PLN | Damian Szparaga | 27 February 2025 | 0,87 | C | 
| STELLANTIS (STLAM IM) | 18 December 2024 | buy | 15.99 EUR | 12.76 EUR | Damian Szparaga, Patryk Olszanowski | 12 March 2025 | 1,29 | B | 
| PKNORLEN | 16 December 2024 | sell | 46.6 PLN | 49.2 PLN | Krzysztof Kozieł | 14 August 2025 | 0,84 | C | 
| CREOTECH | 16 December 2024 | hold | 155.4 PLN | 150 PLN | Lukas Cinikas | 19 May 2025 | 0,63 | C | 
| GRUPAAZOTY | 16 December 2024 | sell | 16.06 PLN | 19.2 PLN | Krzysztof Kozieł | 29 May 2025 | 0,55 | C | 
| 11BIT | 12 December 2024 | sell | 154.2 PLN | 200.5 PLN | Emil Popławski | 04 March 2025 | 0,95 | C | 
| AMREST | 09 December 2024 | sell | 19 PLN | 20.9 PLN | Dariusz Dziubiński | 09 December 2025 | 1,04 | B | 
| DINOPL | 09 December 2024 | buy | 500 PLN | 407.7 PLN | Dariusz Dziubiński | 09 December 2025 | 1,08 | B | 
| EUROCASH | 09 December 2024 | sell | 7 PLN | 7.71 PLN | Dariusz Dziubiński | 09 December 2025 | 0,88 | C | 
| ZABKA | 09 December 2024 | hold | 22.2 PLN | 20.52 PLN | Dariusz Dziubiński | 09 December 2025 | 1,03 | B | 
| FERRO | 06 December 2024 | buy | 47 PLN | 34.4 PLN | Michał Hanc | 06 December 2025 | 1,24 | B | 
| RAINBOW | 06 December 2024 | buy | 200 PLN | 130.8 PLN | Dariusz Dziubiński | 13 May 2025 | 0,88 | C | 
| ENEA | 06 December 2024 | hold | 12.4 PLN | 11.2 PLN | Andrzej Kędzierski | 03 June 2025 | 0,88 | C | 
| PGE | 06 December 2024 | sell | 6 PLN | 6.052 PLN | Andrzej Kędzierski | 03 June 2025 | 0,9 | C | 
| TAURONPE | 06 December 2024 | buy | 4.4 PLN | 3.322 PLN | Andrzej Kędzierski | 03 June 2025 | 0,98 | C | 
| GE Vernova (GEV US) | 05 December 2024 | sell | 213 USD | 343.75 USD | Damian Szparaga | 25 June 2025 | 1,37 | B | 
| Nordex (NDX1 GY) | 05 December 2024 | buy | 17.5 EUR | 11.26 EUR | Damian Szparaga | 25 June 2025 | 1,24 | B | 
| Siemens Energy (ENR GY) | 05 December 2024 | buy | 61 EUR | 51.5 EUR | Damian Szparaga | 25 June 2025 | 1,24 | B | 
| TPI Composites (TPIC US) | 05 December 2024 | sell | 1.5 USD | 1.83 USD | Damian Szparaga | 25 June 2025 | 1,09 | B | 
| Vestas (VWS DC) | 05 December 2024 | buy | 166 DKK | 95.92 DKK | Damian Szparaga | 25 June 2025 | 1,51 | A | 
| BUDIMEX | 04 December 2024 | sell | 424 PLN | 480 PLN | Tomasz Duda | 04 December 2025 | 1,3 | B | 
| DHTHOLDINGS (DHT US) | 04 December 2024 | buy | 11.9 USD | 9.4 USD | Patryk Olszanowski | 04 December 2025 | 1,04 | B | 
| FLNG (FLNG US) | 04 December 2024 | sell | 21.6 USD | 23.6 USD | Patryk Olszanowski | 04 December 2025 | 1,03 | B | 
| MAERSK (MAERSKB DC) | 04 December 2024 | buy | 15017 DKK | 12560 DKK | Patryk Olszanowski | 29 August 2025 | 1,35 | B | 
| SCORPIO (STNG US) | 04 December 2024 | buy | 59.4 USD | 50.2 USD | Patryk Olszanowski | 04 December 2025 | 0,84 | C | 
| STARBULK (SBLK US) | 04 December 2024 | hold | 18.5 USD | 17 USD | Patryk Olszanowski | 04 December 2025 | 1,04 | B | 
| ALLEGRO | 04 December 2024 | hold | 32.6 PLN | 29.2 PLN | Konrad Musiał | 04 December 2025 | 1,35 | B | 
| ANSWEAR | 04 December 2024 | buy | 33 PLN | 25.25 PLN | Konrad Musiał | 04 December 2025 | 1,26 | B | 
| INPOST (INPST NA) | 04 December 2024 | buy | 21 EUR | 16.61 EUR | Konrad Musiał | 04 December 2025 | 1,24 | B | 
| SHOPER | 04 December 2024 | buy | 50.5 PLN | 41.4 PLN | Konrad Musiał | 07 May 2025 | 0,66 | C | 
| ZALANDO (ZAL GY) | 04 December 2024 | hold | 31 EUR | 30.07 EUR | Konrad Musiał | 04 December 2025 | 1,53 | A | 
| NEUCA | 04 December 2024 | buy | 1150 PLN | 810 PLN | Dariusz Dziubiński | 17 October 2025 | 1,28 | B | 
| HELLENIQ (ELPE GA) | 02 December 2024 | sell | 6.03 EUR | 6.8 EUR | Krzysztof Kozieł | 14 August 2025 | 1,32 | B | 
| MOL (MOL HB) | 02 December 2024 | hold | 2813 HUF | 2678 HUF | Krzysztof Kozieł | 14 August 2025 | 0,91 | C | 
| MOTOROIL (MOH GA) | 02 December 2024 | sell | 18.07 EUR | 19.61 EUR | Krzysztof Kozieł | 14 August 2025 | 0,94 | C | 
| OMV (OMV AV) | 02 December 2024 | hold | 39.46 EUR | 37.92 EUR | Krzysztof Kozieł | 14 August 2025 | 1,2 | B | 
| OMV PETROM (SNP RO) | 02 December 2024 | sell | 0.66 RON | 0.713 RON | Krzysztof Kozieł | 14 August 2025 | 1,32 | B | 
| PKNORLEN | 02 December 2024 | buy | 66.19 PLN | 51.02 PLN | Krzysztof Kozieł | 16 December 2024 | 0,84 | C | 
| UNIMOT | 02 December 2024 | buy | 182.48 PLN | 133 PLN | Krzysztof Kozieł | 12 September 2025 | 1,08 | B | 
| BENEFIT | 02 December 2024 | buy | 5500 PLN | 2660 PLN | Dariusz Dziubiński | 18 July 2025 | 1,26 | B | 
| ATENDE | 02 December 2024 | sell | 2.3 PLN | 2.6 PLN | Lukas Cinikas | 02 December 2025 | 0,69 | C | 
| JSW | 20 November 2024 | sell | 15.5 PLN | 24.7 PLN | Tomasz Duda | 20 November 2025 | 0,87 | C | 
| KETY | 20 November 2024 | sell | 606 PLN | 735 PLN | Tomasz Duda | 20 November 2025 | 1,24 | B | 
| KGHM | 20 November 2024 | buy | 182.3 PLN | 130.5 PLN | Tomasz Duda | 20 November 2025 | 1,21 | B | 
| BNPPPL | 19 November 2024 | buy | 111 PLN | 92 PLN | Michał Fidelus | 19 March 2025 | 1,57 | A | 
| HANDLOWY | 19 November 2024 | hold | 101 PLN | 89 PLN | Michał Fidelus | 19 March 2025 | 1,59 | A | 
| INGBSK | 19 November 2024 | hold | 275 PLN | 255.5 PLN | Michał Fidelus | 19 March 2025 | 1,7 | A | 
| MBANK | 19 November 2024 | buy | 665 PLN | 568.6 PLN | Michał Fidelus | 19 March 2025 | 1,57 | A | 
| MILLENNIUM | 19 November 2024 | buy | 10.6 PLN | 9 PLN | Michał Fidelus | 19 March 2025 | 1,64 | A | 
| PKOBP | 19 November 2024 | buy | 74 PLN | 59.1 PLN | Michał Fidelus | 19 March 2025 | 1,54 | A | 
| SANPL | 19 November 2024 | buy | 544 PLN | 472.3 PLN | Michał Fidelus | 19 March 2025 | 1,53 | A | 
| BAWAG (BG AV) | 19 November 2024 | buy | 88 EUR | 71.6 EUR | Adam Motała | 19 March 2025 | 1,44 | B | 
| BRD - Groupe Societe Generale (BRD RO) | 19 November 2024 | hold | 19.7 RON | 19.2 RON | Adam Motała | 19 March 2025 | 1,44 | B | 
| Banca Transilvania (TLV RO) | 19 November 2024 | buy | 34.2 RON | 29.15 RON | Adam Motała | 19 March 2025 | 1,24 | B | 
| ERSTE (EBS AV) | 19 November 2024 | buy | 61.7 EUR | 52.6 EUR | Adam Motała | 19 March 2025 | 1,54 | A | 
| KOMERCNI (KOMB CP) | 19 November 2024 | hold | 922.7 CZK | 825 CZK | Adam Motała | 19 March 2025 | 1,61 | A | 
| MONETA (MONET CP) | 19 November 2024 | hold | 129 CZK | 120 CZK | Adam Motała | 19 March 2025 | 1,56 | A | 
| OTPBANK (OTP HB) | 19 November 2024 | buy | 25507 HUF | 20800 HUF | Adam Motała | 19 March 2025 | 1,51 | A | 
| RAIFFEISEN (RBI AV) | 19 November 2024 | buy | 22.1 EUR | 18.23 EUR | Adam Motała | 19 March 2025 | 1,12 | B | 
| CYBERFLKS | 13 November 2024 | buy | 166.4 PLN | 115 PLN | Emil Popławski | 07 May 2025 | 1,1 | B | 
| GRUPRACUJ | 13 November 2024 | hold | 60.8 PLN | 54 PLN | Emil Popławski | 07 May 2025 | 1,28 | B | 
| TEXT | 13 November 2024 | buy | 71.9 PLN | 55.5 PLN | Emil Popławski | 07 May 2025 | 1,19 | B | 
| VERCOM | 13 November 2024 | buy | 137.2 PLN | 117 PLN | Emil Popławski | 07 May 2025 | 1,04 | B | 
| WIRTUALNA | 13 November 2024 | buy | 96.6 PLN | 77.8 PLN | Emil Popławski | 07 May 2025 | 1,49 | B | 
| PROPETRO (PUMP US) | 05 November 2024 | buy | 9.8 USD | 7.04 USD | Patryk Olszanowski | 01 July 2025 | 0,65 | C | 
| SAIPEM (SPM IM) | 05 November 2024 | buy | 3.6 EUR | 2.22 EUR | Patryk Olszanowski | 01 July 2025 | 1,35 | B | 
| TIDEWATER (TDW US) | 05 November 2024 | buy | 89.11 USD | 59.77 USD | Patryk Olszanowski | 01 July 2025 | 0,92 | C | 
| AT&S Austria Technologie & Systemtechnik AG (ATS AV) | 05 November 2024 | sell | 14.7 EUR | 16.8 EUR | Lukas Cinikas | 05 November 2025 | 0,93 | C | 
| Elmos Semiconductor SE (ELG GY) | 05 November 2024 | buy | 87 EUR | 55.7 EUR | Lukas Cinikas | 05 November 2025 | 0,93 | C | 
| INFINEON TECHNOLOGIES (IFX GR) | 05 November 2024 | buy | 42.5 EUR | 29.2 EUR | Lukas Cinikas | 05 November 2025 | 1,19 | B | 
| SOITEC (SOI FP) | 05 November 2024 | hold | 79.2 EUR | 70.3 EUR | Lukas Cinikas | 05 November 2025 | 1,03 | B | 
| STMICROELECTRONICS (STMPA FP) | 05 November 2024 | buy | 32 EUR | 24.1 EUR | Lukas Cinikas | 05 November 2025 | 1,1 | B |