Kepler upgrades GN Store to 'buy', sees recovery in 2025

GN Store Nord A/S

14/11/2024 13:54

** Kepler Cheuvreux upgrades GN Store Nord  GN.CO  to "buy"
from "hold"; expects market recovery in 2025
    ** Brokerage says the Danish hearing-aid and audio solutions
company should gain on enterprise and gaming markets growth
    ** "Operationally, GN is in good shape," it says
    ** The brokerage says GN's projected sales and EBITA margin
growth should translate into mid-teens adjusted earnings per
share growth 
    ** GN Store shares are up 5.6% and among top performers on
the STOXX 600 index  .STOXX  on Thursday
    ** Of 19 analysts covering GN, 12 rate the stock "buy"​ or
"strong buy," five rate "hold" and two​ "sell"

 (Reporting by Anna Chaberska)
 ((Anna.chaberska@thomsonreuters.com))