Lpkf: Hsbc Cuts On Short: term risks, shares slide

LPKF Laser & Electronics SE

06/01/2021 08:16

** Shares in LPKF  LPKG.DE  slip 4% after HSBC cuts the
German provider of laser manufacturing solutions to "hold" from
"buy", citing limited visibility and short-term risks amid
COVID-19 pandemic
    ** The broker adds LPKF's mid-term outlook of over 360
million euros ($444.20 million) in sales, based on the market
potential of the LIDE (Laser Induced Deep Etching) technology,
lacks evidence in terms of meaningful orders 
    ** The stock is among the bottom performers of the German
small-cap SDAX index  .SDAXI  



($1 = 0.8104 euros)

 ((dennis.duldhardt@tr.com; veronica.snoj@tr.com))