Baader Bank Keeps Fielmann at 'Buy' with a Target Price of 58 Euros
Baader Bank Maintains Positive Outlook on Fielmann
Baader Bank analysts have reaffirmed their "Buy" rating for Fielmann shares and set a target price of 58 euros, indicating their continued confidence in the company's growth prospects.
Factors Supporting Baader Bank's Recommendation
The analysts cite several factors supporting their positive view:
- Fielmann's strong market position as the leading optician in Europe with a track record of consistent growth.
- The company's successful expansion strategy, including the recent acquisition of Apollo-Optik, which strengthens Fielmann's presence in Germany.
- The growing demand for eyewear driven by aging populations and lifestyle changes.
Baader Bank also notes Fielmann's resilient financial performance, with the company reporting steady revenue and profit growth in recent years.