Report
Antti Viljakainen
EUR 37.48 For Business Accounts Only

Market related challenges continue - Accumulate

​Suominen did not reach our estimates in Q3 due to lower than expected volumes,which reflected challenging trading conditions. Despite slight cuts in estimates, the share’s valuation is still low. Therefore, we retain our recommendation of accumulate for Suominen but revise our target price to 4.00 euros (prev. 4.20 euro).

Underlying
Provider
Inderes
Inderes

​Inderes was founded 2009 and is a company that focuses on equity research. Our goal is to contribute to the functioning of the capital markets by acting as an information link between companies and investors. We are one of the largest equity research teams in Helsinki with the strength of 9 professionals. Inderes Equity Research is an award-winning equity research team, which is independent from banking activities. Several of our analysts are top ranked on the Bloomberg BARR-ranking and have won several Starmine rewards. Our company is majority-owned by the staff.

Analysts
Antti Viljakainen

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