Analyst Fabian Piasta of Jefferies maintained a Buy rating on SFS Group AG, with a price target of CHF143.00.
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Fabian Piasta has given his Buy rating due to a combination of factors related to SFS Group AG’s strategic expansion plans. The company announced its intention to acquire several tool trading companies through Hoffmann, which is anticipated to be finalized by March 2026. This acquisition is expected to boost SFS’s sales by approximately €130 million, thereby enhancing its international market presence.
By expanding its reach in the competitive tool trading industry, SFS aims to improve direct market access and achieve cost and service synergies. Additionally, the company seeks to solidify its leadership in meeting indirect industrial requirements. The integration of these new assets is projected to be smooth, owing to SFS’s prior collaborations and recent logistics improvements at Hoffmann’s Nuremberg hub, minimizing execution risks despite the pending merger control approval.
According to TipRanks, Piasta is a 4-star analyst with an average return of 24.8% and a 62.50% success rate. Piasta covers the Industrials sector, focusing on stocks such as BELIMO Holding AG, Vossloh, and Bossard Holding AG.
In another report released on December 1, UBS also maintained a Buy rating on the stock with a CHF120.00 price target.