Kudelski Share News: Kudelski in the Green on Monday Morning

Kudelski Share Price Develops Positively

The share price of the Swiss company Kudelski, which is active in the field of digital security solutions, developed positively on Monday morning. At 9:45 a.m. CET, the share was trading at CHF 8.66, an increase of 2.16% compared to the previous day's close. The gain since the start of the year is now 14.48%.

Positive Analyst Comments

The positive price development can be attributed, among other things, to positive analyst comments. The Swiss bank UBS raised its price target for the Kudelski share from CHF 8.50 to CHF 9.00 and confirmed its "buy" rating. In its study, UBS highlighted the company's strong market position in the field of digital security and its promising growth prospects.

Good Annual Figures and Outlook

In addition to the positive analyst comments, the good annual figures and the positive outlook for the current year also contributed to the positive share price development. In the 2022 financial year, Kudelski achieved a 6.9% increase in sales to CHF 915.6 million. The operating profit (EBIT) also increased significantly by 16.3% to CHF 103.2 million.

For the current year, Kudelski expects further growth. The company aims to increase sales by 5-8% and EBIT by 8-12%. The positive outlook is based, among other things, on the increasing demand for digital security solutions and the company's good market position.

Conclusion

The positive share price development of Kudelski on Monday morning is due to several factors. The positive analyst comments, the good annual figures, and the positive outlook for the current year are all contributing to the increased investor confidence. It remains to be seen whether the share price can continue its positive development in the coming weeks and months.