EBIT forecasts raised by 7-11% for '24e-'26e. Valuing the share on mid-cycle multiples. TP raised to DKK 3,100 (2,700) - upgrading to BUY.
17 May 2024
Estimates up, fundamentals prompt upgrade
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Estimates up, fundamentals prompt upgrade
- Published:
17 May 2024 -
Author:
ABGSC Construct. & Real Estate Research | Peter Sehested -
Pages:
12 -
EBIT forecasts raised by 7-11% for '24e-'26e. Valuing the share on mid-cycle multiples. TP raised to DKK 3,100 (2,700) - upgrading to BUY.