- (PLX AI) - Securitas is set for a rapid share price increase after the Stanley acquisition goes through and the share issue is cleared, analysts at Kepler Cheuvreux said, upgrading their recommendation to buy from hold.
- • Price target of SEK 145 implies 20% upside
- • The capital increase necessary to buy Stanley will weigh on the share in the short term, but we expect a rapid price increase after the deal is completed, Kepler said
- • Securitas will benefit from society reopening after the pandemic, with airport and event volumes returning: Kepler
- • Meanwhile, the Stanley acquisition will increase exposure to better growth and higher margins: Kepler
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