In the current year, the share, which continues to be favorably valued, has already gained 66 percent. [...] The Adesso share is an enrichment for every portfolio and should continue its upward movement towards three-digit quotations. The shareholder speculates in the Real-Depot on this scenario.
No wonder CEO Michael Kenfenheuer is becoming more confident for FY 2020 [...] He is thus heralding the year-end rally for his own stock (€71.00; DE000A0Z23Q5). And this could continue in 2021: Then we expect even somewhat stronger earnings growth, which is why the stock is favorably valued with a P/E ratio of 18. adesso remains a buy with a stop at EUR 59.20.
We are able to maintain our previous positive assessment of adesso SE after the first half of 2020, since, as expected in the NJ 05/20, the digital solutions of the Dortmund IT specialist are in demand more than ever. [...] Since 2020 is going better than feared at the beginning of the pandemic, expansion in Germany and abroad should be able to continue once the economy picks up again. However, the stock market has already anticipated some of the associated gains, so that a consolidation would not come as a surprise.
Together with the higher number of working days and the return to good capacity utilisation, this gives reason to hope that the positive trend will continue in the further course of the year. This means that adesso should continue its impressive success story in this year of crisis; we are raising the target price to EUR 85. Inclusion in recommendations: 17.12.19 at share price: € 53.70, current share price: € 72.80, current performance: +36.44 %, target price: € 85.00.
[...] In the past five years, the share price of the company has increased by more than 200 percent, especially in 2016. adesso is currently valued at the stock exchange at around 350 million Euros.
With the acquisition of a digital agency adesso expands its market power in the field of holistic customer experience management. [...] The acquisition, which is expected to be in the low single-digit million euro range, is financed from existing liquid funds. With this acquisition the Dortmund company will further boost its growth. [...] These are good prospects, which should also give the share (57.00 Euro; DE000A0Z23Q5), which has recently run out of steam, a tailwind. But we remain skeptical. Liquid assets [...] will be further reduced by the acquisition. Counter-financing with outside capital is [...] also not ideal. Especially in these uncertain times, we prefer companies that build up reserves. Therefore you should not be involved in adesso.
[...] After all, in our opinion adesso is one of the highest quality IT service providers on the domestic stock exchange list. Assessment: Buy.
Warburg Research's equity conviction list again outperforms the market as a whole this year. From the list of recommendations with the so-called high conviction stocks Börse Online presents five German stocks for which the analysts expect rapid price gains due to the hoped-for positive news flow. [...] The share price of adesso rose from EUR 5.75 to EUR 66.80 between 2012 and 2018. This is a performance that was worthy of all honours. However, a sideways trend that has been prevailing since the beginning of 2017 can currently be observed. [...] Only if this trend breaks out, new sustainable chart signals and thus new investment signals will emerge.
The recommendations and documents provided on this page may be incomplete. adesso updates the data on a regular base but does not incur a liability for that. The opinions, recommendations and prognoses of the finance analysts and journalists regarding the adesso business and stock performance do in no way represent the opinions and prognoses of adesso or the adesso management. By publishing the information and recommendations on this website, it can not be ruled out that adesso will accept or confirm the statements. The representation of all these data is for information only and without responsibility. adesso does not assume liability for any damages caused to third persons that are based on the information provided on this website.