on BEACONSMIND AG (isin : CH0451123589)
Quirin Raises Swissnet Group's Price Target Amid Strong Growth
Quirin, a research house, has revised its price target for Swissnet Group shares to EUR 20.00, up from EUR 19.40. The rating remains a "Buy". With the shares closing at EUR 7.05 on February 20, 2025, Quirin identifies a potential increase of approximately 184 percent.
This adjustment reflects Swissnet Group's recent customer acquisitions and is driven by a 40% organic revenue growth in 2025. The growth is attributed to synergies and upselling opportunities. Notably, 75% of Swissnet’s revenue is now recurring, offering stability, while its robust maintenance business aids infrastructure expansion.
The detailed report is accessible on the Swissnet corporate website under the "Investor Relations" section.
R. E.
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