BICO GROUP: Cause of sudden resignation of BICO’s CFO too early to call | BUY | SEK254
BICO GROUP - BUY | SEK254Cause of sudden resignation of BICO’s CFO too early to call
BICO’s CFO Gusten Danielsson’s abrupt resignation reignites uncertainty …
… but current valuation appears detached from the fundamentals
Reiterate BUY and SEK254 TP as it is too early and opportunistic to draw conclusions
Since 1996, Bryan, Garnier & Co has been growing with an absolute conviction that the investment banking landscape would experience a major revolution: most of the large local generalist banking groups will disappear to the benefit of a handful of global powerhouses, and an emerging group of independent, highly specialised boutique investment banks.
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