Hexagon AB (Hold, TP: SEK140.00) - Time to w(AI)t
We are 2% above Infront consensus EBIT for Q2e and 3% above for 2024e. Hence, we see little scope for meaningful positive consensus revisions, suggesting that we would have to lean towards more AI-driven multiples expansion to find additional upside potential for the stock, implying a more modest near-term risk/return profile. We have downgraded to HOLD (BUY) but reiterate our SEK140 target price.
DNB Markets is the investment banking arm of DNB Bank ASA and is focused primarily on the Nordic region, as well as internationally on niches such as global shipping, energy and related services, and seafood. DNB Markets offers services in FICC, Equities and Investment Banking advisory from offices in Oslo, Stockholm, London, Singapore and New York. Equity research coverage is offered on c250 Nordic companies. DNB was ranked no.2 in Extel Nordic Research 2017. The DNB Markets’ Credit and FICC Macro & FX Research teams are repeatedly highly rated by Prospera Nordic Institutional Investor Surveys.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.