Catella: Soft Q1, cheap stock, but re-pricing could wait to 2024 - Redeye

Redeye thinks the Q1 report was soft and that the outlook remains uncertain. While Catella is trading at a substantial discount to Redeye's intrinsic value, the stock lacks short-term catalysts. Looking into 2024, Redeye expects a rebound in group profitability and harvesting of Principal Investments will fuel the share price. Redeye lowers its estimates and fair value range.

Länk till analysen i sin helhet: https://www.redeye.se/research/901643/catella-q1-update?utm_source=finwire&utm_medium=RSS