Barclays analyst Marco Limite initiated coverage of ACS with an Overweight rating and EUR 46 price target. The analyst is positive on the civil construction backdrop. New mega trends are a tailwind for growth and margins, while the improved risk profile could support a re-rating, the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on ACSAY: