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UBS has initiated coverage of Jenoptik with a "buy" rating and a target price of 29 euros. Analyst Olivier Calvet highlighted the company's underestimated potential, particularly in the photonics segment, and anticipates significant share price growth over the next twelve months, even with conservative forecasts for 2025.
UBS has initiated coverage of Jenoptik with a "buy" rating and a target price of 29 euros. Analyst Olivier Calvet highlighted the company's underestimated potential, particularly in the photonics segment, and anticipates significant share price growth over the next twelve months, even with conservative forecasts for 2025.
Mercedes-Benz Group shares faced downward pressure after a failed breakout, dropping 3.9% to EUR 54.35. Resistance levels include the short-term GD50 at EUR 54.85 and the October low at EUR 55.08, while support is found at the September low of EUR 54.05. Further declines could lead to a test of the year-to-date low of EUR 50.75.
Mercedes-Benz shares experienced a significant decline, falling 3.9% to EUR 54.35 after failing to break through resistance at EUR 57.23. The outlook remains uncertain, with key support at EUR 54.05 and potential further declines to EUR 51.91 and EUR 50.75 if downward momentum continues.
The German agricultural sector is projected to see a production value of €75.4 billion in 2024, a decline of €700 million or 1% from 2023. This drop is primarily attributed to a 2% decrease in crop production, particularly in stalk cereals and oilseeds, despite gains in protein crops and vegetables. Conversely, the livestock sector is expected to grow slightly to €36.01 billion, driven by rising milk prices amid limited raw milk availability.
The stablecoin market is poised for explosive growth in 2025, driven by regulatory advancements and increased adoption. With the implementation of the EU's MiCA regulation, more regulated stablecoins are expected, alongside banks offering custody services, which will enhance integration with traditional finance. Localized stablecoins are also set to challenge the dollar's dominance, marking a significant shift in the market landscape.
UBS has adopted a positive outlook on the London Stock Exchange Group Plc, a prominent European stock exchange. The company's revenue sources are primarily from stock market information and analytical data (69.9%), trading services (19.2%), and post-trading services (10.9%). Geographically, revenue distribution includes the United Kingdom (30.9%), Europe (14.9%), the United States (36.6%), Asia (12.3%), and other regions (5.3%).
UBS has assigned a "buy" rating to Jenoptik shares, setting a target price of 29 euros. Analyst Olivier Calvet highlighted the company's leadership in technology and the photonics segment, noting significant share price potential even with conservative forecasts for 2025.
UBS has initiated coverage of Jenoptik with a "Buy" rating and a target price of 29 euros. Analyst Olivier Calvet highlighted the company's strong position in the photonics sector and its underestimated potential, projecting significant share price growth over the next year, even with conservative forecasts for 2025.
UBS has initiated coverage of Jenoptik with a "buy" rating and a target price of 29 euros, highlighting the company's underestimated potential, particularly in the photonics segment. Analyst Olivier Calvet anticipates significant share price growth over the next year, even with conservative forecasts for 2025.
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UBS Initiates Buy Rating for Jenoptik with Target Price of 29 Euros
09:20 17.12.2024
ubs initiates buy rating for jenoptik with target price of 29 euros
09:20 17.12.2024
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UBS Initiates Buy Rating for Jenoptik with Target Price of 29 Euros
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UBS Initiates Buy Rating for Jenoptik with Target Price of 29 Euros
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UBS Initiates Buy Rating for Jenoptik with Target Price of 29 Euros
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