Barclays hits Fluidra after its failure: upside over 30%

Barclays analysts raise their target price for Fluidra to €26, with a stock market upside of 30.40% from yesterday’s close.

Fluidra shares are trying to regain their momentum after yesterday’s decline, rising timidly by 0.10% to 19.96 euros on the day. Barclays Analysts They give him a vote of confidence.

In particular, the British firm raised its target price for Fluidra to 26 euros per share, compared to the previous 23 euros. The new estimate represents growth potential 30.40% compared to yesterday’s close on Monday.

Barclays is also among the most bullish analysts on Fluidra’s stock market performance. Analysts on average have a “hold” rating and a “hold” rating on the company’s stock, according to Reuters. target price 22.6 euros, up 13.2% current price.

Fluidra shares fell 7.94% in Monday’s session yesterday, heavily penalised after its US rival Pool Corporation issued a profit warning.

Follow the Fluidra quote live

Despite this penalty, value still accumulates a stock market revaluation of more than 5.5% in 2024, with a market capitalization approaching €3.9 billion.

Of course it’s registered down 18% since reaching yearly high May 21 at a price of 24.34 euros.

The company plans to present its results first half day August 1.

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