Initiating with a Buy rating – We initiate our coverage on Dekel Agri-Vision with a BUY rating and a target price of 7.6p, equating to a market capitalisation of £32.2m. We believe Dekel Agri-Vision's agri-commodity diversification strategy, complementing its existing palm oil processing operations with a new cashew nut processing project (in which the company currently has a 43.8% interest, and an option to acquire a further 17%), provides a solid platform to enhance margins and drive step chan ....
10 Sep 2020
Dekel Agri-Vision* - Step-change in profits forecast from diversified operations
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Dekel Agri-Vision* - Step-change in profits forecast from diversified operations
Dekel Agri-Vision Plc (DKL:LON) | 1.2 0 0.0% | Mkt Cap: 6.72m
- Published:
10 Sep 2020 -
Author:
Nick Walker -
Pages:
45
Initiating with a Buy rating – We initiate our coverage on Dekel Agri-Vision with a BUY rating and a target price of 7.6p, equating to a market capitalisation of £32.2m. We believe Dekel Agri-Vision's agri-commodity diversification strategy, complementing its existing palm oil processing operations with a new cashew nut processing project (in which the company currently has a 43.8% interest, and an option to acquire a further 17%), provides a solid platform to enhance margins and drive step chan ....