VusionGroup: Berenberg raises target price

(CercleFinance.com) - Berenberg announced on Tuesday that it had raised its target price for VusionGroup shares from E219 to E228, while maintaining its buy recommendation on them.


The German broker hails the 'solid' Q2 results published by the French specialist in electronic price tags, for which it believes prove that the contract signed with US retailer Walmart is beginning to bear fruit.

Its target price represents around 71% upside potential.


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