Västra Hamnen: Hövding - Back on track
Västra Hamnen Corporate Finance has released a research update on Hövding following the company's report for Q3 2020. The financials for the quarter were generally better than expected. Despite uncertainty, we see an improved long-term outlook and raise our valuation interval to 21.10 - 30.50 SEK per share, writes Västra Hamnen.· Returns from crisis with its best-ever sales volume · Near-term uncertainty but cost cuts and beneficial trends brighten the outlook · We raise our fair value estimate to SEK 21.10 – 30.50 per share Hövding’s report for the third quarter was generally