Berenberg sees opportunities in less liquid DACH stocks

technotrans SE

30/08/2019 09:29

**  Berenberg says while investors seem to find it
challenging to buy into less liquid stocks in the current market
environment, it sees some attractive value opportunities
    ** Following its Copenhagen Top Picks DACH Seminar 2019, it
highlights Germany-based companies Dermapharm  DMPG.DE , Medios
 ILM1k.DE  and Stemmer Imaging  S9I.DE 
    ** It has "buy" recommendations on all three companies,
citing their solid results and attractive valuations with a good
short-term outlook
    ** Berenberg says Dermapharm is one of its top picks for H2
this year, adding it continues to gain market share despite
competition from Aristo 
    ** It says it sees Stemmer's business model as intact,
saying its unique knowledge of the combination of hardware
remains difficult for competitors to replicate
    ** Berenberg also has a "buy" recommendation on Cyan
 CYR.DE , where the rollout of its product with Orange
 urn:newsml:reuters.com:*:nEQbj6nmpa is progressing nicely, the broker said  urn:newsml:reuters.com:*:nFWN24801D
    ** It also mentions Technotrans  TTRGn.DE  ("buy"), a
Germany-based provider of liquid cooling technologies and
solutions, saying management was confident that the H2 upturn
needed to reach recently lowered guidance is achievable
    

 ((r.plantera@thomsonreuters.com))