DGAP-News: CLIQ Digital AG: Hauck & Aufhäuser starts coverage of CLIQ Digital with a buy recommendation and a price target of EUR 17.00
DGAP-News: Cliq Digital AG
/ Key word(s): Research Update
CLIQ Digital AG: Hauck & Aufhäuser starts coverage of CLIQ Digital with a buy recommendation and a price target of EUR 17.00
Analyst Marie-Therese Gruebner issues a buy recommendation with a price target of EUR 17.00, based on a combination of free cash flow yield based on her 2021 estimates and a discounted cash flow model. This corresponds to an upside potential at the current share price of around 150%.
In the initial study, Hauck & Aufhäuser particularly emphasizes on the high competence and efficiency in the marketing of streaming entertainment services. The robust consumer demand for streaming entertainment services, efficient direct media buying and offering a multi-content portal will, according to the analysts, allow a doubling of the return on capital employed to more than 16% by 2022. Based on this, they expect growth in earnings per share of 44% per year on average until 2022, combined with high free cash flows, which will allow a generous dividend policy with a dividend yield of 6.2% on average.
About CLIQ Digital:
29.06.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
|Company:||Cliq Digital AG|
|Listed:||Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Hamburg, Munich, Stuttgart, Tradegate Exchange|
|EQS News ID:||1081235|
|End of News||DGAP News Service|
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With 6 Buy predictions and only 2 Sell predictions the community sentiment for the stock is positive.
However, we have a potential of -36.842% for Cliq Digital AG as the target price of €12.00 is below the current price of €19.00.