CPSE:FLSMachinery
FLSmidth (CPSE:FLS): Reassessing Valuation After ABG Sundal Collier’s Upgrade to ‘Buy’
FLSmidth (CPSE:FLS) climbed after ABG Sundal Collier lifted its rating to buy, highlighting expectations of healthier orders as metal prices rise and as the group moves beyond a restructuring phase.
See our latest analysis for FLSmidth.
The upgrade adds to a year where FLSmidth’s share price has delivered a solid year to date gain despite a softer 30 day share price return, while the three year total shareholder return nearly doubles investors’ money and signals that momentum is broadly...