On the back of a target price increase to € 41.5 from € 36, we upgrade PORR from Neutral to Outperform. We believe that the recent share price weakness, in the wake of the broader market retreat triggered by spillover effects from the war in Iran, has created an opportunity to (re-)enter the investment case at a more attractive valuation. The slight over-delivery in terms of its earnings/margin targets for 2025 adds credibility to the investment story, which we consider to be centered around mar...
A director at Porr AG bought 1,350 shares at 35.100EUR and the significance rating of the trade was 55/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showin...
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