Analyst Adela Dashian from Jefferies maintained a Buy rating on AFRY AB Class B and keeping the price target at SEK210.00.
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Adela Dashian’s rating is based on AFRY AB Class B’s strategic initiatives and future growth potential. The company is poised to outline its next phase of strategic priorities, which are expected to focus on significant market trends such as energy transition, digitalization, and sustainable infrastructure. These areas are anticipated to drive growth and present substantial opportunities for the company.
Additionally, the upcoming event is expected to provide insights into efficiency improvements and cost-reduction programs, which are crucial for enhancing profitability. The management’s focus on financial targets, portfolio optimization, and capital allocation is likely to set a strong foundation for long-term success, making the stock an attractive buy at its current valuation.