Forwarders face profitability test as freight markets look set to stabilise
As global freight markets begin to show signs of stabilisation after months of disruption, the industry’s largest forwarders have shown ...
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The bulls just cannot stop promoting the DSV investment case – rightly so, given the depressed Dkr1,300 level at which its stock trades.
And while one update from Bloomberg today is that HSBC analysts were the latest to be less optimistic about fair value estimates – dropping their DSV price target to Dkr1,700 from Dkr1,800 (but reiterating ’Buy’) – it was Bernstein telling investors* that DSV certainly remains the top pick in transport and logistics.
(*In a note out today, titled: ’A ...
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