Report
EUR 14.32 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
TheScreener

Empowering Investors

theScreener is the market leader for independent valuations of financial securities, equities, sectors and markets, and new funds. theScreener's ratings, analyses are used by leading banks, asset managers and financial portals.  Approximately 10,000 workstations benefit from theScreener's services, with over millions of customer accounts actively analysed.

  • Worldwide coverage: theScreener analyses cover around 6'500 Stocks, i.e 95% of the world Market Capitalization.  theScreener state of art: We provide
  • theScreener state of art: We provide easy to use and complete analyses over Stocks, including Fundamentals / Technical / Risk/ Peer / Alternatives analyses.
  • For Research Pool community, we provide twice a week around 500 new equity analyses. We produce analyses about equities which have been upgraded or downgraded

 

Other Reports on these Companies
Other Reports from TheScreener

ResearchPool Subscriptions

Get the most out of your insights

Get in touch