Fabian Piasta, an analyst from Jefferies, maintained the Buy rating on SFS Group AG. The associated price target is CHF143.00.
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Fabian Piasta has given his Buy rating due to a combination of factors including SFS Group AG’s strategic capacity adjustments and financial performance. Despite a challenging economic environment, particularly in the EU manufacturing and automotive sectors, the company has shown resilience by maintaining flat sales growth and an adjusted EBIT at the previous year’s level.
Management’s proactive measures, such as plant consolidation, are expected to incur one-off expenses but are aimed at optimizing operations in the long term. Although the construction demand remained muted and order behavior volatile, the company has managed to keep its EBIT margins relatively stable, which indicates a strong underlying business model. These strategic initiatives and financial stability underpin Piasta’s positive outlook on the stock.
According to TipRanks, Piasta is a 5-star analyst with an average return of 36.2% and a 77.42% success rate. Piasta covers the Industrials sector, focusing on stocks such as BELIMO Holding AG, Vossloh, and Befesa S.A..
In another report released on July 8, Kepler Capital also maintained a Buy rating on the stock with a CHF137.50 price target.