SES-Imagotag: Berenberg raises target price

(CercleFinance.com) - On Friday Berenberg raised its target price for SES-Imagotag shares from 140 euros to 170 euros, maintaining its buy rating on the stock.


In a report published this morning, the analyst explains that the investor day organised on Wednesday by the digital price display label specialist reinforced his favourable opinion of the group.

Not only should the company benefit from the accelerating adoption of its electronic labelling solutions, but it should also increasingly focus on high value-added processes that generate recurring revenues and higher profitability, he said.



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