Enea: Hesitant Customers Create Interesting Entry Point

Research Update

2022-07-18

07:25

Redeye thinks the Q2 report was weak and indicated a hesitant market climate. However, the following sharp drop in the share price creates an interesting opportunity to get into a quality company with, hopefully, temporary problems at a cheap price. With a seasonally strong H2 and a promising pipeline of opportunities, Redeye thinks the sentiment could soon be turning. Redeye lowers estimates and its valuation range.

JVK

Jesper Von Koch

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