DGAP-News: CLIQ Digital AG: QUIRIN initiates coverage on CLIQ Digital with 'BUY' rating and EUR 10.00 target price
DGAP-News: Cliq Digital AG
/ Key word(s): Research Update
Corporate News CLIQ Digital AG: QUIRIN initiates coverage on CLIQ Digital with 'BUY' rating and EUR 10.00 target price In QUIRIN's initial study, analysts Ralf Marinoni and Jannik Lucas state: "CLIQ Digital to benefit from rising demand for streaming content." QUIRIN continues: "Research institute Newszoo expects games market volume to grow at 8.3% CAGR throughout 2023e. Revenue in the Video Streaming (SVoD) segment is expected to show an annual growth rate (CAGR 2020-2024) of 4.1%. Revenue in the Digital Music segment is expected to show an annual growth rate (CAGR 2020-2024) of 4.6%. Given CLIQ's sales growth over the next year, the company should outperform the market." The research study is available on the CLIQ Digital AG website under:
Contact:
17.06.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | Cliq Digital AG |
Immermannstr. 13 | |
40210 Düsseldorf | |
Germany | |
E-mail: | [email protected] |
Internet: | www.cliqdigital.com |
ISIN: | DE000A0HHJR3 |
WKN: | A0HHJR |
Indices: | Scale 30 |
Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Hamburg, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 1071783 |
End of News | DGAP News Service |
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1071783 17.06.2020