Jefferies analyst Henrik Paganetty has maintained their neutral stance on 0QK3 stock, giving a Hold rating on July 28.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Henrik Paganetty has given his Hold rating due to a combination of factors impacting Avolta AG’s financial performance. The company reported a slight increase in core turnover, which was below market expectations, indicating some challenges in meeting growth forecasts. Despite this, Avolta AG demonstrated strong organic growth, surpassing consensus estimates and showcasing business stability through increased passenger volumes and spending.
However, the company faced significant foreign exchange headwinds, which negatively impacted sales. While there was a modest improvement in core EBITDA and margins, exceeding expectations, the overall growth was tempered by these currency challenges. The combination of these factors suggests a balanced outlook, justifying the Hold rating as the company navigates both positive internal growth and external currency pressures.
In another report released on July 28, TR | OpenAI – 4o also initiated coverage with a Hold rating on the stock with a CHF47.00 price target.