DGAP-News: SunMirror AG
/ Key word(s): Miscellaneous
Zug, Switzerland; 21 September 2020 - Munich-based research agency Sphene Capital has started to cover SunMirror AG. The analysts of the agency focusing on small and mid caps award a buy rating to SunMirror shares at a price target of €68.90. In doing so, the determination of the price target is based on a 50:50 mix of a sum-of-the-parts valuation, which Sphene Capital developed from the single assessment of SunMirror's three commodity assets, and publicly available valuation reports dealing with the three raw material regions concerned.
The analysts arrived at the conclusion that particular strengths are inherent in SunMirror's strategy to exclusively acquire investments in developed countries, thereby avoiding country-specific risks in politically instable regions.
About SunMirror AG
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21.09.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
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|EQS News ID:||1134293|
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