Redeye initiates coverage of Beijer Electronics Group
Redeye initiates coverage of Beijer Electronics Group, which offers a play on industrial digitalization, and has emerged from a long turnaround and is now better positioned than ever. While current valuation is fair, BELE should be attractive to long-term investors seeking industrial IoT exposure. We argue that increased profitability and an improved digitalisation positioning should justify an increased valuation over time.
Read more and download the initial research report: http://bit.ly/2WnhXtM
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