Gofore: Margin increase set to continue – SEB

Publicerad

Gofore’s H2/21 report did not include any major surprises and it strengthened our outlook for continuing strong organic growth and improving margins in 2022 despite salary inflation. The picture is blurred, however, due to geopolitical woes. Despite our estimate hikes, we have maintained our fair value range of EUR 25-28 for Gofore, reflecting the current uncertainties.

https://research.sebgroup.com/corporate/reports/113371

SEB Research

This research has been commissioned by the company. Only for professional investors resident in EEA member states. Reports may not be distributed to the US or other jurisdictions where to do so would be unlawful. Please see the disclaimer tab for any details of investment banking services recently provided by SEB that could be considered relevant to the subject matter of this research.

Annons