Reduction in our NAV prompts cut to target price
22/11/22 -"The change in the target price is attributable to an adjustment in our NAV calculation (see the related comments) to better take into account the return to a normalized market in container shipping."
Pages
42
Language
English
Published on
22/11/22
You may also be interested by these reports :
09/02/26
The air is getting thinner. We downgrade our rating to Add (prev.: Buy) but raise our TP to CHF 320 (prev.: CHF 265)
06/02/26
The group delivered FY2025 results in line with guidance, despite a challenging macroeconomic and geopolitical environment. Ocean and Terminals ...
06/02/26
We have downgraded our overall peer-based valuations by applying deeper discounts (P/E from +30% to -5%; EV/EBITDA from -25% to -45%; and P/Book from ...
05/02/26
Incorporating the recent trading figures and outlook revision, our 2025 projections now account for higher D&A and a modest EBIT contraction, ...