(CercleFinance.com) – Euroland initiated monitoring of Stif shares on Monday with a purchase recommendation and a price target of 14.90 euros, revealing an upside potential of around 30%.
In a research note, the analyst highlights the ‘explosive trajectory’ of the manufacturer of handling equipment for bulk products, which according to him is in ‘full strategic shift’ at the moment.
According to the intermediary, the arrival on the market of protection against dust explosions (2010), then the launch of the activity dedicated to the protection of battery energy storage systems (2022), have ‘ profoundly changed the group’s growth prospects.
Following the capital increase carried out during the IPO in 2023, with a healthy balance sheet and good operational management, the stock presents, from its point of view, a ‘very promising’ risk/return profile.
Euroland thus declares itself confident in the group’s trajectory over the coming years.
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