Sam Darbyshire, an analyst from Berenberg Bank, has initiated a new Buy rating on Lotus Bakeries NV (0F4O).
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Sam Darbyshire has given his Buy rating due to a combination of factors that highlight Lotus Bakeries as a standout investment opportunity. The company is experiencing consistent double-digit growth, which is expected to persist over the next ten years. This growth is largely driven by the increasing global reach of its well-known Biscoff brand and the expansion of its Natural Foods segment in developed markets.
Darbyshire’s analysis suggests that Biscoff sales could potentially reach €1.2 billion by the fiscal year 2030, bolstered by untapped markets in the US and UK, as well as strategic moves into related product categories like chocolate and ice cream. Meanwhile, the Natural Foods division is also poised for significant growth, further supporting the positive outlook for Lotus Bakeries. These factors collectively underpin the Buy rating, reflecting a strong belief in the company’s future performance and market potential.
According to TipRanks, Darbyshire is ranked #7075 out of 10073 analysts.
In another report released on November 5, Bernstein also initiated coverage with a Buy rating on the stock with a €9,200.00 price target.