Valentin Paul Jahan, an analyst from Stifel Nicolaus, maintained the Buy rating on VusionGroup SA. The associated price target is €290.00.
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Valentin Paul Jahan has given his Buy rating due to a combination of factors that highlight VusionGroup SA’s strategic growth opportunities. The recent partnership with Morrisons, one of the top five retailers in the UK, is a significant driver of this positive outlook. This collaboration involves equipping 497 supermarkets with 10.8 million electronic shelf labels (ESLs), which is estimated to be worth around €50 million.
This deal not only strengthens Vusion’s presence in the UK market but also includes valuable added services like computer vision and data analytics, which are expected to generate an additional €5–10 million annually. The successful signing of Morrisons, following a similar agreement with Asda, positions VusionGroup to potentially attract other major retailers like Tesco and Sainsbury’s, further enhancing its market position and growth prospects.