|Over a week ago|
Kardex initiated with a Buy at Jefferies » 19:2607/2107/21/21
Jefferies analyst Constantin Hesse initiated coverage of Kardex with a Buy rating and CHF 290 price target. The analyst cites the company's position as one of the leading intralogistics solution providers of automated storage and retrieval as well as material handling systems, and he expects Kardex to be "well positioned" to benefit from a favorable macro backdrop as well as higher capex intentions across industries.
|Over a month ago|
Kardex upgraded to Buy from Neutral at UBS » 05:0406/0906/09/21
UBS analyst Sebastian…
UBS analyst Sebastian Vogel upgraded Kardex to Buy from Neutral with a price target of CHF 227, up from CHF 191. The analyst says the company's sales growth acceleration and margin expansion are not priced into the shares.