FRANKFURT (dpa-AFX Broker) - Positive analysts' statements are likely to bring price gains for Douglas, which is returning to the stock market, on Monday. On the Tradegate trading platform, the shares of the perfumery chain rose by a good three percent to 21.74 euros. This would mean that their recently faltering performance would pick up speed again.

However, they still have a long way to go to reach the issue price of 26 euros at which the shares were floated a good five weeks ago. After hitting a low of 18.96 euros, they recently recovered to 21.68 euros.

At the beginning of the week, four analysts started monitoring the shares with buy recommendations. The price targets range from 26.50 to 38.00 euros, which gives them up to 80 percent upside from the most recent closing price.

The experts point to the company's leading role in Europe across all sales channels. In their estimates, they expect Douglas to achieve significantly higher sales and even stronger operating earnings growth by 2026./gl/zb

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