Wedel (Holst.), November 7th, 2022
Following the publication of Nynomic’s 9-month figures, Montega AG and Hauck Aufhäuser have updated their research coverage on the Nynomic share.
Analyst Miguel Lago from Montega sees the Q3 figures as a confirmation of the company’s sustainable growth trend and highlights Nynomic Group’s great opportunity to be among the beneficiaries of cannabis legalization. The buy recommendation is confirmed. Consequently, the fair value of the share is raised from 52.00 to 56.00 Euro.
Analyst Christian Sandherr from HAIB Hauck Aufhäuser Investment Banking emphasizes in his research update that the achieved growth of the Nynomic Group was reached under very difficult conditions. He also sees cannabis legalization as a further, additional growth driver for Nynomic. Accordingly, the rating here is also “buy” with a price target of 50.00 Euro.
Both research updates can be found at www.nynomic.com/en/analyses/
About Nynomic:
Nynomic AG is an internationally leading manufacturer of products for permanent, non-contact and non-destructive optical measurement technology. The products and services of the Nynomic Group are based on a wide range of intelligent sensors for measuring optical radiation and smart technologies for data acquisition, processing and evaluation. They can be scaled into different application areas and represent high efficiency increase and high customer benefit due to their good adaptability to customer processes. Miniaturization, digitization, automation – Nynomic consistently uses the constant technological change as the basis for above-average growth in the medium term compared to the market. The Nynomic Group has a clear marketing concept as a full-service provider from component to solution. It is globally positioned with independent brands and subsidiaries and around 500 employees.
This is a translation of the original German ad hoc announcement/ corporate press release. Only the original German ad hoc announcement/ corporate press release is binding. No liability is accepted for the correctness of the translation.
More information on the company is available on the corporate website at www.nynomic.com.
Nynomic AG
Am Marienhof 2
22880 Wedel
Germany
www.nynomic.com
For further inquiries:
Jochen Fischer
FISCHER RELATIONS
Neuer Wall 50
D – 20354 Hamburg
phone: + 49(0)40 822 186 380
fax: + 49(0)40 822 186 450
info@fischer-relations.de