Report
EUR 13.94 For Business Accounts Only

THULE GROUP sees a downgrade to Slightly Negative on account of less fundamental stars

The independent financial analyst theScreener just lowered the general evaluation of THULE GROUP (SE), active in the Recreational Products 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 11, 2022, the closing price was SEK 497.40 and its target price was estimated at SEK 432.35.
Underlying
Thule Group AB

Thule Group offers products for small things you always carry with you such as smartphone covers, as well as for heavier things you transport for longer distances. Co.'s Outdoor & Bags segment mainly includes the product groups bike carriers, water sport and ski-rack, roof boxes, multi-functional child carriers, computer and camera bags and backpacks. Co.'s Specialty segment encompasses the operations in toolboxes for pick-up trucks (Work Gear) product group in the U.S. Group-wide refers to Group-wide functions such as business development, marketing, HR, finance, IP, environment, IT and information.

Provider
TheScreener
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