FRANKFURT (dpa-AFX Broker) - Deutsche Bank Research has upgraded Vossloh from "Hold" to "Buy" and raised the price target from 44 to 53 euros. Analyst Niklas Becker sees a clear turning point for the rail technology group with regard to the stock story. In his study published on Monday, he justified this with the fact that Vossloh expects sequential improvements in operating earnings over the course of the year despite a sales forecast in the middle of the range, roughly in line with the previous year. The SDax company would not have been able to achieve this in recent years, Becker wrote. He also expects that effective capital deployment will lead to solid free cash inflows in the coming years./ck/mis

Publication of the original study: 25.03.2024 / Time not specified in study / CET

First dissemination of the original study: 25.03.2024 / 07:40 / CET

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