SES-Imagotag: Stifel stays buy

( – Stifel reiterates its ‘buy’ recommendation and its price target of 125 euros on SES-Imagotag, after the gondolas labeling specialist won a contract for digitization and commercial analytics of 30 stores in the UK.

According to the broker, this contract of a “probably modest size” is “typical of the value proposition of the group which combines ESL and VAS to allow retailers to significantly improve operational efficiency in the shops”.

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