3Sem.·

R&S GROUP (+3.8% to 19.10 Fr.): Trend reversal initiated?

The shares of transformer manufacturer R&S have not really taken off this year and have lost ground against the rising overall market. The shares were also weighed down by a large share placement by CGS at the end of January. Since the annual figures at the beginning of March, however, a trend reversal seems to have been initiated. R&S offers an ideal combination of a solid business model and strong external growth drivers, according to a study by "Neue Helvetische Bank", which has added the shares to its list of favorites. For example, the ongoing electrification in areas such as e-mobility, renewable energies and data centers is driving massive demand for high-performance transformers. In addition, the Group has made a promising addition to its product portfolio with the acquisition of Kyte. The recent weakness in the share price therefore offers an attractive entry opportunity, especially for long-term investors, the analysts conclude.


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