Jefferies analyst Adela Dashian has maintained their bullish stance on MMNNF stock, giving a Buy rating on April 2.
Adela Dashian’s rating is based on several considerations regarding Munters Group AB’s current market valuation and future potential. Despite revising estimates downward due to geopolitical challenges, the stock is trading at a significant discount compared to its five-year average. This presents a compelling opportunity for long-term investors to enter the market at a favorable price.
Moreover, the decision to maintain a Buy rating is influenced by the belief that the company’s valuation has reached historic lows, making it an attractive investment. The target price has been adjusted to SEK 155, reflecting a forward-looking EV/EBIT multiple of 17x for the fiscal year 2026, which supports the positive outlook for the stock despite current market complexities.
In another report released on April 2, Kepler Capital also maintained a Buy rating on the stock with a SEK140.00 price target.