Här är en färsk analys av Incap från Inderes.
Ett intressant företag som jag inte har köpt… än.
We reiterate our Accumulate recommendation for Incap with a target price of EUR 13.50. Incap’s Q2 developed fully in line with our expectations as the quarterly turnaround progressed, especially with the recovery of deliveries to the largest customer. We did not make any forecast changes after the report. Incap’s earnings trend is turning upward in H2, against which the stock is still moderately priced (2025e: EV/EBIT 8x). Thus, the stock’s expected return is attractive over the one-year and medium-term horizons. Our extensive report on Incap, published in June, is available here.