Kepler Cheuvreux Raises Ackermans & van Haaren Price Target Significantly
Brussels, Belgium – Kepler Cheuvreux has substantially increased its price target for Ackermans & van Haaren (AvH) shares, citing the Belgian investment company’s strong growth prospects and attractive dividend. the firm added AvH to its Benelux Top Picks list following the revision.
Analysts at Kepler Cheuvreux view AvH as a high-quality “compounder” currently trading at a low valuation.This upgrade comes as AvH shares experienced a 3.4 percent increase on Thursday, closing at 223.80 euros. The move reflects growing confidence in AvH’s financial performance and future potential within the Benelux region.
The increased price target signals a positive outlook for investors in AvH, a diversified holding company with interests in various sectors including real estate, private equity, and energy. The firm’s consistent growth and commitment to shareholder returns through dividends are key factors driving the analysts’ bullish stance.
Disclaimer: ABM Financial News is the supplier of stock market news in the Benelux.The information in this article is not intended as professional investment advice or as a recommendation to make certain investments.
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