According to the analysts, Palfinger is expected to return to growth in the course of 2025 and accelerate further by 2026. This growth could be boosted by the German infrastructure package and the possibility of a peace agreement between Russia and Ukraine.
Despite the positive performance since the beginning of the year, the analysts consider the current valuation of the Palfinger share to be attractive. They pointed out that the share is trading below its historical average and therefore offers an attractive risk/reward ratio.
Kepler Cheuvreux's coverage reflects confidence in Palfinger's ability to overcome current market challenges and capitalize on future opportunities.
In addition, analysts at Berenberg have upgraded their rating on Palfinger AG. The rating was raised from "hold" to "buy" with a new price target of EUR 32.00 (previously EUR 24.00). This change is attributed to signs of recovery in end-market demand, in particular a positive order development for the fourth quarter of 2024. Analysts highlight an improved sentiment in the construction industry, which is expected to improve Palfinger's performance. Demand from the construction industry is crucial for Palfinger, known for its lifting solutions for construction projects. In addition, the company is focused on improving its margins through internal strategies to increase profitability and efficiency. Berenberg's analysis suggests that these combined factors set the stage for potential growth in Palfinger's share value. The new price target reflects this expected growth and indicates a positive outlook for the company.
Service offensive: PALFINGER opens expanded site in Duisburg
PALFINGER establishes new location in Madrid
https://www.palfinger.ag/de/news/palfinger-errichtet-neuen-standort-in-madrid_nag_1147281
