Analyst Henrik Paganetty from Jefferies maintained a Buy rating on Jenoptik and keeping the price target at €24.00.
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Henrik Paganetty has given his Buy rating due to a combination of factors that suggest potential growth and resilience for Jenoptik. Despite recent leadership changes, including the resignation of the CEO and the Chairman of the Supervisory Board, Paganetty sees these shifts as opportunities for strategic realignment that could benefit the company in the long term.
Moreover, Paganetty likely considers the company’s strong fundamentals and market position as key reasons for his positive outlook. The leadership transitions, while significant, do not overshadow the potential for Jenoptik to capitalize on its existing strengths and explore new avenues for growth. This perspective underpins the Buy rating, reflecting confidence in the company’s ability to navigate current challenges and emerge stronger.
In another report released on November 28, Kepler Capital also maintained a Buy rating on the stock with a €28.00 price target.