EU mid-caps: Berenberg sees opportunities amid market recovery
08/01/2021 10:44
** As markets pick up after the broad equity sell-off in
2020, small- and mid-cap stocks are an opportunity because their
prices have not yet recovered as much as those of large caps,
Berenberg says
** Berenberg's top, buy-rated, picks include eight companies
from different sectors across France, Italy, Iceland and Benelux
countries
** Belgian healthcare co Fagron FAGRO.BR has a strong
market share, while French software developer Esker ALESK.PA
and Icelandic meat processing equipment maker Marel MARL.IC
benefit from pandemic-related automation trends, Berenberg says
** Berenberg says it also likes the Belgian chemicals maker
Recticel's RECT.BR strategy to focus on highly value-added
technical foams and French chemicals transport firm Rubis'
RUBF.PA exposure to emerging markets
** The broker also sees potential for Belgian hormonal drug
maker Mithra's MITRA.BR , whose new form of oestrogen offers
traditional benefits with an improved safety profile
** It adds the market underestimates the Italian yacht maker
Sanlorenzo's SNL.MI reputation and unique business model as
well as the stability of Dutch lamp maker Signify's LIGHT.AS
earnings
((zuzanna.szymanska@tr.com))