The polymer company Hexpol has set new targets, and its valuation is at record lows. This has led EFN Finansmagasinet to issue a buy recommendation, after having taken a wait-and-see approach a year ago.
"The balance sheet, market position, and ownership structure are already in place. More acquisitions are expected. Regardless of whether calculations are cautious or optimistic, the valuation remains low. Hexpol is well positioned for profit growth over the next ten years. With that, a higher multiple will follow. This time, it's a buy," writes EFN Finansmagasinet in its latest issue.
