Munters Group price target raised to SEK 155 from SEK 115 at Jefferies

Jefferies raised the firm’s price target on Munters Group to SEK 155 from SEK 115 and keeps a Buy rating on the shares following the company’s Q2 earnings report. The analyst continues to believe the current valuation “overlooks it being well-positioned to gain from market tailwinds such as electrification and digitization, as well as sustainability.”