Interesting LT potential in NEOM given DSV's ROIC guidance. Negative revisions mainly due to volumes and yields. TP lowered to DKK 1,170 (1,250), BUY.
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Adding a NEOM scenario to our forecasts
DSV (DSV:CPH), 0 | DSV A/S (DSV:CSE), 0
- Published:
24 Oct 2023 -
Author:
ABGSC Shipping & Transport Research | Peter Sehested -
Pages:
12 -
Interesting LT potential in NEOM given DSV's ROIC guidance. Negative revisions mainly due to volumes and yields. TP lowered to DKK 1,170 (1,250), BUY.