Strong Market Position and Financial Performance Drive Buy Rating for DO & CO Aktiengesellschaft

In a report released today, Henrik Paganetty from Jefferies maintained a Buy rating on DO & CO Aktiengesellschaft (0E64 – Research Report), with a price target of €215.00.

Henrik Paganetty has given his Buy rating due to a combination of factors that highlight DO & CO Aktiengesellschaft’s strong market position and financial performance. The company has demonstrated robust results over the first nine months, prompting an 8% increase in EBIT estimates. This performance is particularly notable given the prevailing weaknesses in the US market, which are largely confined to lower-end segments.
DO & CO’s strategic emphasis on the premium segment positions it advantageously, allowing it to leverage its strengths in a market dominated by a few key players. Consequently, the price target for the stock has been raised to €215, reflecting the company’s potential for growth and resilience in its chosen market segment. The adjustment in minority interest estimates also supports this optimistic outlook, further justifying the Buy recommendation.