January 31, 2022 – Toosla (ISIN code: FR00140062B9 – mnemonic code: ALTOO), digital player in short-term car rental, announces that Invest Securities, a Parisian investment bank specializing in small and mid caps, has just initiated coverage of the company’s stock with a study titled “A Great Future of Car Leasing”, published on January 31, 2022.
The financial analysis office initiates the stock for purchase and sets the price target for the Toosla share at €6.32, i.e. an estimated potential of +118% compared to the closing price on January 28, 2022 of 2.90€. The study highlights in particular the dynamism of the car rental sector, as well as the originality and agility of Toosla’s “online” model, which allows the company to maximize its revenues while having a lean cost structure. .
About TOOSLA
Created in 2016, Toosla’s ambition is to become a major player in the mobility “revolution” by deeply re-enchanting short-term vehicle rental. Its objective: to remove all the “irritants” of the sector thanks to its model without agency and its application. It offers a fully digital customer experience, with simplified and secure procedures. Its customer promise is distinguished by a guaranteed car model and options, permanent availability (24 hours a day, 7 days a week) and self-service provision without waiting for the vehicle.
Toosla offers a fleet of nearly 400 vehicles at 11 stations in Paris, Neuilly-sur-Seine and – since May 2021 – Madrid. In 2020, the Group recorded a turnover of 2.8 million euros.
Toosla is listed on Euronext Growth® Paris (ISIN code: FR00140062B9 – mnemonic code: ALTOO).
Find all of Toosla’s financial information on:
www.toosla-bourse.com
contacts
| Toosla – Investor Relations Margaux Rouillard [email protected] – 01 53 67 36 32 | Toosla – Press Relations Deborah Schwartz [email protected] – 01 53 67 36 35 |
Warning
All reports on Toosla prepared by analysts represent the views of those analysts and not necessarily those of the Company. Toosla is not responsible for the content, accuracy or timing of analyst reports. By referring to these analysts or by disseminating their opinions, Toosla does not in any way make a commitment on the validity of this information, conclusions or recommendations.
This information does not constitute an offer to sell or subscribe, or the solicitation of an order to buy or subscribe for securities in France, Europe, Canada, the United States or any other country.
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