Wednesday, October 26, 2016

Prostitution ring: Kursraset in the Assa Abloy creates a rare buying opportunity – Business

Assa Abloy’s long-term potential has not changed, while the share price now reflects a limited growth. It provides a rare opportunity to take a position in låsbolaget.

this is The view of Kepler Cheuvreux, which on Wednesday raised the Assa Abloy to buy (keep) with riktkursen sek 188 (186), something the News agency Directly previously reported.

the Shift to electronic locking solutions will continue and the acquisition will continue to add growth, according to Kepler, which also sees an exciting opportunity for the further consolidation of the door market.

On the report date in the last week low, all the focus on Assa Abloy’s operations in China, where some of the company’s units (the two companies previously acquired) been detected to have the book revenue improperly. Answer key to the day was a kursras of just over 6 percent.

“Even if it is serious, we see no reason that this should have rubbed off, or that there would be more problems of this nature in the other acquired entities. We believe that the problems will be resolved and that they are of a temporary nature,” wrote Kepler.


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