Jefferies analyst Adela Dashian maintained a Hold rating on Tomra Systems ASA (0KV7 – Research Report) today and set a price target of NOK155.00.
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Adela Dashian’s rating is based on Tomra Systems ASA’s recent strong quarterly performance, which surpassed market expectations. The company reported impressive growth in net sales and adjusted EBITA, driven primarily by significant increases in their Recycling and Food segments.
Despite the positive results, the Collection sector only showed modest growth, and the ‘Hold’ rating suggests a cautious approach. The increase in order backlog in key areas indicates potential for future growth, but the current mixed performance across segments warrants a balanced perspective on the stock.
According to TipRanks, Dashian is ranked #1807 out of 9369 analysts.