Interroll Holding AG: Buy Rating on Discounted Valuation and Reaccelerating Earnings Growth Outlook

Jefferies analyst Martin Comtesse reiterated a Buy rating on Interroll Holding AG today and set a price target of CHF2,700.00.

Martin Comtesse has given his Buy rating due to a combination of factors that, in his view, improve the risk‑reward profile of Interroll Holding AG. He considers the recent share price pullback, triggered by management changes in the CTO and COO positions, as having created a more compelling valuation entry point. Despite several years of stagnating growth, he expects the company’s order intake to strengthen as demand recovers, particularly in the e‑commerce segment.

In his analysis, this anticipated recovery should translate into a mid- to high‑teens compound annual growth rate in earnings over the 2025–2028 period. At the same time, the stock is trading below its three‑year historical averages on key valuation multiples such as EBITDA, EBIT, and price-to-earnings. This combination of renewed growth prospects and discounted valuation underpins his view that the shares offer attractive upside potential, supporting his Buy recommendation.