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PLUXEE N.V. Hold Rating Amid Revised Guidance and Regulatory Challenges in Brazil

PLUXEE N.V. Hold Rating Amid Revised Guidance and Regulatory Challenges in Brazil

PLUXEE N.V., the Industrials sector company, was revisited by a Wall Street analyst today. Analyst Hannes Leitner from Jefferies maintained a Hold rating on the stock and has a €17.00 price target.

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Hannes Leitner’s rating is based on several considerations surrounding PLUXEE N.V.’s recent performance and future outlook. The company has revised its financial guidance for FY26, indicating expectations for stable organic revenue growth and only a slight expansion in EBITDA margins. This adjustment reflects a downgrade from previously higher growth projections, suggesting a more cautious outlook.
A significant factor influencing this revised guidance is the regulatory changes in Brazil, which is a major market for PLUXEE, accounting for a substantial portion of its revenue. The changes are expected to impact the company’s financials, with an estimated reduction in both revenue and EBITDA. Given these factors, the Hold rating suggests a wait-and-see approach, acknowledging the potential challenges while recognizing the company’s efforts to adapt to the new regulatory environment.

In another report released on November 11, Barclays also maintained a Hold rating on the stock with a €20.00 price target.

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