Report
EUR 13.70 For Business Accounts Only

RAMIRENT OYJ suffers a double requalification, which weighs heavily on its rating, now at Slightly Negative.

The independent financial analyst theScreener just downgraded the general evaluation of RAMIRENT OYJ (FI), active in the Commercial Vehicles & Trucks industry. As regards its fundamental valuation, the title loses a star(s) and now shows 2 out of 4 stars. Its market behaviour is also negatively reassessed and may be considered as risky. theScreener believes that this double requalification keeps the title under pressure and justifies an overall rating downgrade to Slightly Negative. As of the analysis date October 11, 2019, the closing price was EUR 8.75 and its target price was estimated at EUR 6.23.
Underlying
Ramirent Oyj

Ramirent is engaged in providing the rental of construction machinery and equipment for construction and industry. In addition, Co. provides services related to the rental of machinery and equipment and also conducts some trade of construction related machinery, equipment and accessories. Co. is an international company that operated in 13 countries: Finland, Sweden, Norway, Denmark, Estonia, Latvia, Lithuania, Poland, Hungary, Russia, Ukraine, the Czech Republic and Slovakia. Co. serves a range of customers, including construction and process industries, shipyards, the public sector and households.

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