Jefferies analyst Martin Comtesse maintained a Buy rating on Georg Fischer AG (GF – Research Report) today and set a price target of CHF82.00.
Martin Comtesse has given his Buy rating due to a combination of factors including Georg Fischer AG’s strategic focus on improving operating margins and achieving new growth targets by 2030. Despite current challenges such as a sluggish European construction and automotive market and the impact of a strong Swiss franc, the company’s operating margins have exceeded expectations, thanks to effective synergies from the Uponor acquisition.
Looking ahead, management anticipates stable to modest growth in 2025, with further enhancements in the Flow Solutions segment. The company’s ambitious 2030 goals, which project sales between CHF 4.5-5.0 billion and a margin of 13-15%, underscore its potential for long-term profitability and growth, justifying the Buy rating.
In another report released on February 14, Berenberg Bank also maintained a Buy rating on the stock with a CHF80.00 price target.
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