Baader Bank leaves Westwing at 'Add' - Target 8 euros
January 17, 2023 at 07:36 am EST
Share
MUNICH (dpa-AFX Broker) - Baader Bank left its rating for Westwing at "Add" with a price target of 8 euros. The key data for the past fiscal year were better than feared, analyst Volker Bosse wrote in a study presented on Tuesday. However, the online furniture retailer's outlook for 2023 is cautious./ag/la
Publication of the original study: 17.01.2023 / 07:45 / CET
First disclosure of original study: Date not stated in study / Time not stated in study / Time zone not stated in study
Westwing Group SE is a Germany-based company specializing in the home and living e-commerce sector. The Company offers a broad range of home products, which include home decor products, home accessories, textiles and rugs, and large and small furniture, such as living and dining furniture, upholstery, and bedroom furniture, as well as kitchen and dining, lighting, and other products under own private label and third-party brands. It cooperates with more than 500 partners, including designer brands, manufacturers, and suppliers, such as KitchenAid, Flos, Nespresso, jankurtz, Jonathan Adler, hessnatur, among others. The Company is active in 11 European countries, including Germany, Austria, Switzerland, Belgium, the Czech Republic, France, Italy, the Netherlands, Poland, Spain, and Slovakia.
WESTWING GROUP SE 
