On Monday, Euroland initiated a buy recommendation on Stif and set a target price of 14.90 euros, indicating a potential upside of around 30%.

In a research note, the analyst highlights the "explosive trajectory" of the manufacturer of handling equipment for bulk products, which is currently in the "midst of a strategic shift".

According to the intermediary, the arrival on the market of protection against dust explosions (2010), followed by the launch of the business dedicated to the protection of battery energy storage systems (2022), have 'profoundly altered the Group's growth prospects'.

Following the capital increase carried out at the time of the IPO in 2023, with a healthy balance sheet and sound operational management, the stock presents, in its view, a 'very promising' risk/return profile.

Euroland is therefore confident in the Group's trajectory over the next few years.

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