Brødrene Hartmann Jumps 5% After Carnegie Initiates Coverage with Buy

• (PLX AI) - Hartmann shares rose more than 5% at the open after Carnegie analysts initiated coverage with a buy rating.
• • Price target DKK 545 implies an upside of 46%
• • Hartmann is trading at a significant discount to peers and should appeal to value, ESG and small-cap investors, Carnegie said
• • The company has defensive qualities, sustainable products, structural growth potential and a long track record of solid performance: Carnegie
• • Input cost inflation may be an entry opportunity, as Hartmann is likely to be able to pass on the higher costs to customers in the long term, the analysts said