Pareto repeats its Buy rating for software company Vitec with a price target of SEK 370. This is according to a recent analysis.
The brokerage expects cash EBIT to increase 18.4 percent year-over-year in the third quarter, driven by organic growth and limited hiring. Revenue is expected to increase 15.2 percent to SEK 912 million, of which 4.7 percent organically.
Pareto is 1.5 percent above consensus for revenue and in line for EBITA.
The share is trading at 14.2 and 11.5 times cash EBIT for 2026 and 2027, respectively.
