(CercleFinance.com) – Berenberg renewed its purchase recommendation on VusionGroup on Friday, still accompanied by a price target of 212 euros.
In a research note, the research office welcomes the solidity of sales for the 4th quarter and the promising prospects revealed yesterday by the specialist in electronic labeling for physical stores.
According to the analyst, the French group benefits from several growth drivers, which he believes should materialize this year.
Among them, development in the United States will constitute a key factor, he underlines, saying he sees significant demand across the Atlantic and anticipates new deployments which should boost the stock price by the end of the year. ‘year.
In his note, Berenberg indicates that he perceives an upside potential of around 57% on the value.
Copyright © 2024 CercleFinance.com. All rights reserved.
The information and analyzes distributed by Cercle Finance only constitute a decision-making aid for investors. Cercle Finance cannot be held responsible directly or indirectly following the use of information and analyzes by readers. It is recommended that any uninformed person consult a professional advisor before making any investment. This indicative information does not in any way constitute an inducement to sell or a solicitation to buy.
Did you like this article ? Share it with your friends using the buttons below.
