In a report released today, Fabian Piasta from Jefferies maintained a Buy rating on BELIMO Holding AG, with a price target of CHF989.00.
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Fabian Piasta has given his Buy rating due to a combination of factors that suggest a promising outlook for BELIMO Holding AG. The analyst anticipates that any pressure on margins in the second half of the year is already factored into the market, presenting a favorable opportunity for investors to enter. Management’s optimistic stance on data centers, coupled with the untapped potential of full liquid cooling, further supports this positive outlook.
Additionally, after thorough discussions regarding the company’s position within the value chain, it is evident that Belimo maintains a strong market share, particularly in certain applications where their valves are integrated into reference designs for chip and equipment manufacturers. This strategic positioning is expected to sustain the company’s competitive edge, reinforcing the Buy recommendation.