Mister Spex SE : Too soon to draw such a pessimistic conclusion
>We give the investment case the benefit of the doubt given the fall in the share price: target price lowered to € 18.5 but Outperform recommendation maintained - As we transition the coverage of the stock, we introduce a new forecasting and valuation model that produces more cautious conclusions – notably a target price reduced from € 26 to € 18.5 – but leave our Outperform recommendation unchanged. The Mister Spex share has had a rough ride since it was first listed...
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.
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