Bergman & Beving's Q3 report was mixed, with the underlying balance being positive, in our view, as the improvement within Workplace Safety seems sustainable whereas Building Systems’ weakness had more short-term explanations. We still see good upside potential in the mid-term operational improvement case with the share looking attractively valued after recent share price weakness. We reiterate our BUY with a new SEK130 (SEK140) target price, noting strong insider support in the shares adding ...
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