B&C Speakers, KT&Partners raises target price

BC Speakers KTPartners raises target price

(Finance) – Discount content for B&C Speakerswhich shows a decrease of 0.37%.

KT&Partners analysts confirmed the “Add” judgment and raised the target price to 18.33 euros per share which compares with the 13.6 euros of the current prices.

Comparatively on a weekly basis, the trend of Italian loudspeaker manufacturer shows a more marked trend than the trendline FTSE Italy Star. This demonstrates the greater propensity of investors to buy towards B&C Speakers compared to the index.

The short-term technical framework of B&C Speakers shows an upward acceleration of the curve with a target identified at 13.83 Euros. Risk of a fall to 13.33 which will not affect the good health of the current trend but which represents a temporary correction. Expectations are for an extension of the uptrendline towards 14.33.

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