Jenoptik AG : The risk to 2025 targets is already priced in, we upgrade to Outperform vs Neutral
>Rating upgraded from Neutral to Outperform, even though we adjust our target price to € 30 vs € 32 - Jenoptik will report its Q3 2024 results on 12/11 before the start of trading. The operating performance in Q3 2024 should not produce any surprises. On the other hand, we will pay close attention to comments on orders intake for the next quarters and estimates for 2025. The warning from ASML, the group’s biggest customer (~20% of sales), could affect orders in Advanc...Jenoptik is a holding company. Through its subsidiaries, Co. is an optoelectronics group engaged in the production of range of products including original equipment manufacturer or standard components, modules and subsystems through to systems and production lines for numerous sectors. Co.'s operating business is organized in the following three operating segments: Laser & Optical Systems, Metrology, and Defense & Civil Systems. The operating business within the segments is further subdivided into five divisions: Lasers & Material Processing, Optical Systems, Industrial Metrology, Traffic Solutions, and Defense & Civil Systems, each of which are subdivided into several business units.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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.