SES-Imagotag: Berenberg initiates coverage as a buyer
(CercleFinance.com) - Berenberg initiated coverage of SES-imagotag shares on Monday with a buy recommendation and a target price of 140 euros.
In its morning comments, the broker highlights the low market penetration of smart labels despite the advantages that this technology can offer - both to consumers and retailers.
Analysts believe that things are about to change, expecting a significant acceleration in the adoption of electronic shelf labels, which are growing at around 5% at present.
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The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.
In its morning comments, the broker highlights the low market penetration of smart labels despite the advantages that this technology can offer - both to consumers and retailers.
Analysts believe that things are about to change, expecting a significant acceleration in the adoption of electronic shelf labels, which are growing at around 5% at present.
Copyright (c) 2022 CercleFinance.com. All rights reserved.
The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.