{
Nico Delvaux

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}
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001122334455554433221100

UBS Maintains Buy Rating for Assa Abloy with Target Price of SEK 360

UBS has reiterated its buy recommendation for Assa Abloy, maintaining a target price of SEK 360, anticipating a solid fourth quarter with organic growth of around 1% and a margin of 16.3%. CEO Nico Delvaux emphasized the commitment to an acquisition strategy and innovation, keeping the target operating margin at 16% to 17%.
Zonebourse
Swedish Krona Assa Abloy AB SWE Nico Delvaux
TradFi, Market Report
12:16 10.12.2024

UBS Maintains Buy Rating for Assa Abloy with Target Price of SEK 360

UBS has reiterated its buy recommendation for Assa Abloy, maintaining a target price of SEK 360. The analyst anticipates organic growth of approximately 1% and a margin of 16.3% for the fourth quarter, while the CEO emphasized ongoing investment in innovation and an acquisition strategy, aiming for an operating margin of 16% to 17%.
MarketScreener
Swedish Krona Assa Abloy AB SWE Nico Delvaux
TradFi, Market Report
12:16 10.12.2024

UBS Maintains Buy Rating for Assa Abloy with Target Price of SEK 360

UBS has reiterated its buy recommendation for Assa Abloy, maintaining a target price of SEK 360, anticipating solid performance in the upcoming quarter with an expected organic growth of around 1% and a margin of 16.3%. CEO Nico Delvaux emphasized the commitment to an acquisition strategy and innovation, keeping the target operating margin at 16% to 17%.
ABC Bourse
Swedish Krona Assa Abloy AB SWE Nico Delvaux
TradFi, Market Report
12:12 10.12.2024
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