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Swedencare AB initiated with a Hold at Jefferies » 19:13

Swedencare AB

$3.75 /

+ (+0.00%)

Jefferies analyst Adela…

Jefferies analyst Adela Dashian initiated coverage of Swedencare AB with a Hold rating and SEK 41 price target. The company is expected to benefit from structural growth trends towards higher spending on pets to prioritize their well-being, but at 33-times expected forward earnings, the positive outlook is fully priced in, the analyst tells investors in a research note.

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