🍦 Magnum Ice Cream (MICC) Stock Update
Big news for the newly spun-off Magnum Ice Cream Company!
MICC has been immediately included in the AEX Index on Euronext Amsterdam, confirming its status as a major Dutch-listed entity. This inclusion is due to its significant market capitalization (around €7.8-€7.9 billion at listing) and high trading volume following the Unilever separation.
📈 The 2026 Outlook: Why the Stock is 'On Sale'
Despite the current share price being low (around €12.50), reflecting temporary selling pressure from index funds, analyst forecasts for 2026 are bullish:
- Growth Target: Management is targeting annual organic sales growth of 3% to 5%.
- Margin Expansion: Goal to improve the EBITDA margin by 40 to 60 basis points annually from 2026 onwards.
- Price Forecast: Leading analysts from Morningstar, UBS, and Barclays project price targets ranging from €14.30 to €17.00 (and up to €20 by some) over the next 12-24 months.
The current technical pressure is creating a valuation gap, with the stock trading below the consensus fair value estimate.
https://finance.yahoo.com/news/magnum-ice-cream-company-confirms-063100745.html
