Saturday, 29 August 2015

BoConcept: 20% upgrades.....

So after a stellar Q1 BoConcept's only analyst upgrades eps targets by 20%, putting the shares (now at 170DKK) on 11.2x and 7.9x to 4/16 and 4/17 respectively.

Very broadly the peer group trades on 15x 4/17 which would make a target price of 325DKK or 90% upside - and thats if the earnings don't rise again. So the upswing in profitability continues at this under leveraged brand. Lots of upside still......

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