(News Bulletin 247) – On Friday Stifel initiated coverage of Sword stock with a buy recommendation and a target price of 60 euros, revealing an upside potential of around 29%.
In a research note published in the morning, the analyst explains that this small technology consulting company, specialized in data processing, shows one of the highest organic growths in the sector thanks to its positioning in very specific.
However, according to his calculations, his valuation multiples do not correctly reflect the ‘unique’ growth of the company, which in his view makes it a ‘special’ investment opportunity.
‘To be honest, this company could be acquired at any time, in its entirety or in segments of activity,’ he concludes in his note.
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