SES-Imagotag: Stifel maintains buy rating
(CercleFinance.com) - Stifel reiterates its 'buy' rating on SES-Imagotag shares, along with its target price of 125 euros, after the shelf-tagging specialist won a contract to digitise and provide retail analytics for 30 shops in the UK.
The broker says it is "A contract of a likely modest size but typical
of the value proposition of the group's platform, which combines Electronic shelf
Labels (ESL) and Value-added Services (VAS) to enable retailers to significantly
improve operational efficiency in shops".
The stock isn't really flying off the shelves today, though, being down the best part of 3% this lunchtime.
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.