This is the opinion of the analysts about the Kamux share

Analysts do not view the morning of the results publishera car dealer Kamuxin positive for the stock, stock market reporter Rosamari Nenonen told Kauppalehti live In the Talousamau program on Wednesday.

“Analysts do not have a particularly positive view of the company. The average recommendation is to reduce the share, and the target price is currently below the share price. This does not really mean that it is worth adding the share to the portfolio,” said Nenonen.

He estimates that a turnaround is now required from Kamux.

“If it comes to a point somewhere and we get good evidence that things are moving forward smoothly, surely the analysts’ view will change in a more positive direction,” said Nenonen.

In the instructions given in connection with the results report on Wednesday, Kamux estimates that its adjusted operating profit will increase this year compared to the previous year. Last year’s adjusted operating profit was 3.3 million euros.

“There is of course room for improvement. And of course it’s good that they see it this way. Anyway, Kamux has communicated in such a way that we are now investing even harder in sales growth and trying to improve it,” said Nenonen.

On Wednesday at 11 o’clock, Kamux’s share was down ten percent.

Wednesday’s Talousam was hosted by a reporter Heidi Huotilainen.

The broadcast also discussed the effects of the pension reform on the investment strategies of pension companies with Elina Fogelholm, CEO of the pension company Veritas, and analyzed US President Donald Trump’s State of the Nation speech with journalist Tuomo Hyttinen. You can watch Wednesday Financial morning completely below.