Report
EUR 13.65 For Business Accounts Only

Increased risk weighs on HALDEX AB, penalising its rating down to Slightly Negative

The independent financial analyst theScreener just lowered the general evaluation of HALDEX AB (SE), active in the Auto Parts industry. As regards its fundamental valuation, the title still shows 1 out of 4 possible stars. Its market behaviour, however, has slightly deteriorated and will be qualified as risky moving forward. theScreener considers that these new qualifications justify an overall rating downgrade to Slightly Negative. As of the analysis date July 26, 2019, the closing price was SEK 48.80 and its target price was estimated at SEK 46.36.
Underlying
Haldex AB

Haldex AB provides solutions to the vehicle industry with focus on brake products and brake components for heavy trucks, trailers and buses. Co.'s two main product lines are Air Controls and Foundation Brake. Air Controls product line develops and manufactures products to dehumidify and regulate compressed air in brake systems, such as air dehumidifiers and air purifiers, as well as air suspension systems, valves and electronically regulated subsystems. Foundation Brake product line develops and produces the wheel-brake products that provide the braking effect, such as disc brakes, automatic brake adjusters for drum brakes and electronic sensor systems for indicating wear on brake surfaces.

Provider
TheScreener
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