Euronext Brussels
Adviezen - 25/01/2002
(Euronext Brussel) - Recticel : Change of recommendation (enkel beschikbaar
in het Engels)
Bedrijf : RECTICEL Recommendation : Acumulate Old recommendation :
Initial Coverage Analyst : Gert De Mesure Reason: We initiate coverage
of Recticel with an Accumulate recommendation and a price target of
EUR 13.95 (47% upside). The signed automotive contracts alone will
allow Recticel to double its sales by the year 2010, providing
investors with little or no risk. Our price target is thus an absolute
minimum and will probably have to be raised regularly as our sales
estimates and expected margins are very prudent. Date 25/01/2002
Bron: RECTICEL
Provider: Euronext Brussels