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SRH AlsterResearch AG Update: zooplus AG - Healthy results driven by positive momentum; Remains a BUY

SRH AlsterResearch AG Update: zooplus AG - Healthy results driven by positive momentum; Remains a BUY

Nachrichtenquelle: AlsterResearch AG
14.05.2021, 16:51  |  158   |   |   

zooplus had a solid start into 2021, with Q1 benefitting from a strong loyal customer base and solid performance in its own brands business. zooplus is expected to follow its strategy of fast-growing top-line growth and

zooplus AG (Update)

Retail
MCap EUR 1.6bn

BUY, PT EUR 267.00 (+19% potential)
Research_update

 

zooplus had a solid start into 2021, with Q1 benefitting from a strong loyal customer base and solid performance in its own brands business. zooplus is expected to follow its strategy of fast-growing top-line growth and sustainably expanding its business in other countries. Moreover, it is best placed to tap these secular opportunities and achieve its long-term targets, being a pure online player with consistent investments on loyalty programmes. We maintain our BUY recommendation and our DCF-based price target of EUR 267 which offers an upside of 19%

 

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zooplus Aktie jetzt über den Testsieger (Finanztest 11/2020) handeln, ab 0 € auf Smartbroker.de

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SRH AlsterResearch AG Update: zooplus AG - Healthy results driven by positive momentum; Remains a BUY zooplus had a solid start into 2021, with Q1 benefitting from a strong loyal customer base and solid performance in its own brands business. zooplus is expected to follow its strategy of fast-growing top-line growth and sustainably expanding its business in other countries.

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