FLSmidth & Co. A/S (0OJA – Research Report), the Industrials sector company, was revisited by a Wall Street analyst today. Analyst David Farrell from Jefferies reiterated a Buy rating on the stock and has a DKK430.00 price target.
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David Farrell’s rating is based on a combination of factors that indicate a positive outlook for FLSmidth & Co. A/S. The company has shown a robust performance in its recent financial update, with its fourth-quarter adjusted EBITA surpassing consensus estimates by 10%, demonstrating strong operational efficiency across all divisions. Furthermore, the Mining division’s order intake increased by 11% year-over-year, which was also 10% above expectations, signaling a healthy demand within the sector.
Moreover, the overall financial guidance for fiscal year 2025 appears to be aligned with expectations, with notable strength in the Cement division’s margin guidance, which exceeds prior estimates. Although the Mining division’s margin guidance is slightly below expectations, the company has a history of upgrading its guidance throughout the year, suggesting potential for upward revisions. Despite the lack of new information on the Cement business disposal, the continued strong performance and strategic positioning of the company support the Buy recommendation.
According to TipRanks, Farrell is ranked #2647 out of 9369 analysts.