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Kepler Capital Reaffirms Their Buy Rating on Implenia AG (IPLNF)

Kepler Capital Reaffirms Their Buy Rating on Implenia AG (IPLNF)

Kepler Capital analyst Torsten Sauter maintained a Buy rating on Implenia AG on August 7 and set a price target of CHF62.00. The company's shares closed last Thursday at $64.50.
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According to TipRanks, Sauter is a 4-star analyst with an average return of 5.9% and a 55.43% success rate. Sauter covers the Industrials sector, focusing on stocks such as Implenia AG, Daetwyler Holding, and Burckhardt Compression Holding AG.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Implenia AG with a $75.10 average price target, implying a 16.43% upside from current levels. In a report released on July 31, UBS also maintained a Buy rating on the stock with a CHF60.00 price target.
IPLNF market cap is currently $1.31B and has a P/E ratio of 12.42.
Based on the recent corporate insider activity of 11 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of IPLNF in relation to earlier this year.
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