The analysts at Baader Bank have confirmed their “Reduce” rating for the shares of the domestic FACC. Analyst Peter Rothenaicher put the target price at EUR 6.00.
“We confirm the” Reduce “rating for FACC despite the recent share price decline,” said the latest study. The business outlook will remain challenging for a few more years and the experts are missing a positive trigger for the share price development. Positive aspects for FACC are the solid balance sheet and that the financial leeway appears sufficient.
The Baader analysts expect earnings per share to be minus EUR 0.21 for 2020 and minus EUR 0.13 and plus EUR 0.19 for the two following years. No dividends are expected for these three periods.
On Friday morning, the FACC stocks were listed on the Vienna Stock Exchange with minus 2.88 percent at 5.39 euros.
Analyzing institute Baader Bank
Note: Information on the obligation to disclose in the event of conflicts of interest within the meaning of Directive 2014/57 / EU and corresponding EU regulations for the aforementioned analyst house can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html. (The published web links are taken over unchanged from the dpa-AFX website.)
(Final) ger
ISIN AT00000FACC2
WEB http://www.facc.at
AFA0027 2020-08-21 / 10: 59
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