Affärsvärlden gives a neutral rating on Wall to Wall in an analysis on Friday.
The pipe services company Wall to Wall has soon endured four difficult years. In the latest quarter, there were signs of a turnaround. If this becomes a trend, profitability could rise again. However, the publication does not believe it is a straight run to success for the stock.
In its main scenario, the publication sees 36 percent upside in the stock over a couple of years.
“The upside in our main scenario is acceptable but not entirely convincing. Quite a high debt burden is lurking in the reeds, creating clear downside in a more pessimistic scenario. The stock may be of interest to those who like turnaround situations, but we settle on a neutral rating”, Affärsvärlden writes in its conclusion.
