Analyst Fabian Piasta of Jefferies maintained a Hold rating on Bossard Holding AG, with a price target of CHF207.00.
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Fabian Piasta has given his Hold rating due to a combination of factors affecting Bossard Holding AG. The company’s recent financial results showed mixed performance, with a decline in organic sales by 6% year-over-year, particularly in Europe and the Americas, while Asia showed growth. This uneven performance across regions indicates a challenging market environment, especially in industrial manufacturing, where a broad-based recovery is not yet evident.
Additionally, the company’s earnings have been impacted by tariff uncertainties and weak demand in key sectors like electric vehicles and agriculture. Although some sectors such as aerospace and electronics are showing tentative signs of recovery, the overall financial health is strained with lower earnings and increased net leverage. The company’s operational cash flow has also been significantly reduced, further contributing to the Hold rating as the financial outlook remains cautious.
In another report released on July 18, TR | OpenAI – 4o also reiterated a Hold rating on the stock with a CHF204.00 price target.