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Berenberg Bank Stick to Their Buy Rating for Trigano SA

Published 11/28/2021, 02:15 AM
Updated 11/28/2021, 02:15 AM


Berenberg Bank analyst Trion Reid maintained a Buy rating on Trigano SA (PA:TRIA) on Thursday, setting a price target of EUR230, which is approximately 149.13% above the present share price of $104.5.

Reid expects Trigano SA to post earnings per share (EPS) of $0.00 for the fourth quarter of 2021.

The current consensus among 4 TipRanks analysts is for a Strong Buy rating of shares in Trigano SA, with an average price target of $249.77.
The analysts price targets range from a high of $260.34 to a low of $228.64.

In its latest earnings report, released on 02/28/2021, the company reported a quarterly revenue of $0 and a net profit of $0. The company's market cap is $1.97 billion.

According to TipRanks.com, Berenberg Bank analyst Trion Reid is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 23.9% and a 62.24% success rate.

Trigano is a French manufacturer of leisure vehicles and equipment. The company organises itself into two segments: leisure vehicles and leisure equipment. Leisure vehicles, which constitutes the majority of company revenue, primarily manufactures campervans, caravans, mobile homes, and related accessories. The vehicles segment largely derives revenue from campervan sales. Leisure equipment includes trailers, garden equipment, and camping equipment. The company generates the vast majority of its sales across Europe, with nearly half derived domestically.

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