NEW WORK SE sees a downgrade to Slightly Negative on account of less fundamental stars
The independent financial analyst theScreener just lowered the general evaluation of NEW WORK SE (DE), active in the Business Support Services industry. As regards its fundamental valuation, the title now shows 0 out of 4 stars while market behaviour can be considered moderately risky. theScreener believes that the title remains under pressure due to the loss of a star(s) and downgrades its general evaluation to Slightly Negative. As of the analysis date January 21, 2022, the closing price was EUR 204.50 and its target price was estimated at EUR 182.50.XING operates a social network for business professionals. Co. is a platform where professionals from all kinds of different industries can meet up, find jobs, colleagues, new assignments, cooperation partners, experts and generate business ideas. Co.'s segments include: network/premium, which involves all of the Co.'s platform's basic features that includes its API (application programming interface between Co.'s platform and external developers) as well as a large portion of Co.'s mobile apps; E-Recruiting, which includes active and passive recruiting products and services as well as employer branding; and Events, which is engaged in processing events.
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