Report
Olfa Taamallah ...
  • Yan Derocles

Montana Aerospace : An excessive correction which offers a good entry point

>Outperform reiterated but target price lowered to CHF 29 - Whilst we confirm our outperform recommendation on Montana Aerospace, we have cut our target price from CHF 42.5 to CHF 29 based on the average between DCF (CHF 31.8) and a valuation by peer comparison (CHF 28.1), after the integration of the latest M&A operations (Asco, which has just been finalised and Sao Marco) and the adoption of more conservative valuation assumptions (notably on the EBITDA margin) re...
Underlying
MONTANA AEROSPACE AG

Provider
Oddo BHF
Oddo BHF

​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.

Analysts
Olfa Taamallah

Yan Derocles

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