Over a month ago | ||||
Berenberg analyst… Berenberg analyst Carl-Oscar Bredengen lowered the firm's price target on Nilar International to SEK 5 from SEK 6 and keeps a Hold rating on the shares. |
Over a quarter ago | ||||
Berenberg analyst… Berenberg analyst Carl-Oscar Bredengen lowered the firm's price target on Nilar International to SEK 6 from SEK 7 and keeps a Hold rating on the shares. | ||||
Berenberg analyst… Berenberg analyst Carl-Oscar Bredengen downgraded Nilar International to Hold from Buy with a price target of SEK 22, down from SEK 75. Nilar announced a delay in its production ramp-up, issued an updated financial outlook and highlighted the need to raise external capital in 2022, Bredengen tells investors in a research note. As a result, the analyst cut sales estimates by 50%-75% through 2024 and extended the forecast for the company to reach a positive EBITDA margin by a further two years to 2025. |