In a report released today, Adela Dashian from Jefferies maintained a Buy rating on Swedencare AB, with a price target of SEK55.00.
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Adela Dashian’s rating is based on several compelling factors that suggest a positive outlook for Swedencare AB. The company has recently undergone a strategic shift to address previous challenges related to timing and transitions, which had affected its performance in earlier quarters. During a recent discussion with the CEO, the management expressed confidence in achieving margin recovery and double-digit organic growth in the second half of the year.
Furthermore, the management’s constructive tone and focus on operational execution are seen as pivotal for unlocking further potential in the company’s valuation. The projected price target of SEK55.00 represents a significant upside of 39% from the current stock price, underscoring the analyst’s optimism about the company’s future performance. This combination of strategic adjustments and growth potential underpins the Buy rating given by Adela Dashian.