Kaufen
Original-Research: Media and Games Invest SE - from First Berlin Equity Research GmbH
Classification of First Berlin Equity Research GmbH to Media and Games Invest SE
Company Name: Media and Games Invest SE ISIN: SE0018538068
Reason for the research: OSG Update
Recommendation: Kaufen
from: 20.03.2024
Target price: €3,60
Target price on sight of: 12 Monate
Last rating change: -
Analyst: Ellis Acklin
First Berlin Equity Research hat ein Research Update zu Media and Games Invest SE (ISIN: SE0018538068) veröffentlicht. Analyst Ellis Acklin bestätigt seine BUY-Empfehlung und bestätigt sein Kursziel von EUR 3,60.
Zusammenfassung:
MGI meldete für den Monat Februar einen Rekordumsatz, der durch ein
organisches Umsatzwachstum (OSG) von 25% untermauert wurde. Dies folgt auf
einen starken Anstieg des KPI auf 16% im vierten Quartal, gefolgt von 18%
im Januar. Das Management wies darauf hin, dass die Treiber des jüngsten
Aufschwungs auch im Februar sichtbar waren: (1) höhere Werbebudgets von
Kunden, (2) Gewinnung von neuen Kunden, und (3) steigende Nachfrage nach
MGIs KI-gesteuerten Contextual-Data Lösungen, da Targeting-IDs weiterhin
verschwinden. Die Performance ist ermutigend, wenn man bedenkt, dass das
organische Umsatzwachstum im Zeitraum Januar bis September letzten Jahres
kaum 1% erreicht hatte. Wir stufen MGI weiterhin mit Kaufen und einem
Kursziel von €3,60 ein.
First Berlin Equity Research has published a research update on Media and
Games Invest SE (ISIN: SE0018538068). Analyst Ellis Acklin reiterated his
BUY rating and maintained his EUR 3.60 price target.
Abstract:
MGI reported record sales for the month of February underpinned by 25% OSG
(organic sales growth). This comes on the heels of a strong uptick in the
KPI to 16% in Q4 followed by 18% in January. MGI brass pointed out that the
drivers behind the recent upswing were again visible in February: (1)
increased ad budgets from customers; (2) new customer onboardings; and (3)
rising demand for MGI's AI-driven contextual data solutions as targeting
identifiers continue to vanish. The performance is encouraging, considering
that the OSG-needle had barely budged at ~1% in January-to-September period
last year. We are Buy-rated on MGI with a €3.6 TP.
Bezüglich der Pflichtangaben gem. §34b WpHG und des Haftungsausschlusses siehe die vollständige Analyse.
You can download the research here:
http://www.more-ir.de/d/29199.pdf
Contact for questions
First Berlin Equity Research GmbH
Herr Gaurav Tiwari
Tel.: +49 (0)30 809 39 686
web: www.firstberlin.com
E-Mail: g.tiwari@firstberlin.com
-------------------transmitted by EQS Group AG.-------------------
The issuer is solely responsible for the content of this research. The result of this research does not constitute investment advice or an invitation to conclude certain stock exchange transactions.
P R O D U C T S U G G E S T I O N S
The information presented here has been provided by our content partner EQS-Group. The originator of the news is the respective issuer, the company relating to the news, a publication service provider (press or information agency) which uses the distribution service of EQS to transmit company news to shareholders, investors, investors or interested parties. The original publications and other company-relevant information can be found at eqs-news.com.
The information you can access does not constitute investment advice. The presentation of our cooperation partners, where the implementation of investment decisions would be possible depending on the individual risk profile, is solely at the discretion of the person using the service. We only present companies of which we are convinced that the range of services and customer service will satisfy discerning investors.
If you are considering leverage products, familiarise yourself with the typical characteristics of the financial instruments beforehand. Take the time to determine the risk content of the planned investment before making an investment decision. Bear in mind that a total loss cannot be ruled out with leverage products.
For newcomers to the subject, we offer various options in both the training and the tools section, through which you can train theoretical knowledge and practical experience and thus improve your skills. The offer ranges from participation in webinars to personal mentoring. The range is continuously being expanded.
1 Lab features are usually functionalities that emerge from the think tank of the investor community. In the early stages, these are experimental functionalities whose development process is largely determined by use and the resulting feedback from the community. When integrating external services or functionalities, the functionality can only be guaranteed to the extent that the individual process elements, such as interfaces, interact with each other.