Tonies: 52-Week High - Oddo Sees 36% Potential and Expects Good Q3
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Tonies is one of the few German stocks at a 52-week high and is breaking out. Oddo BHF raises its price target from €16 to €17.50 and reaffirms "Outperform.” The background is the assumption of strong sales of the Toniebox in the third quarter, which should make it relatively easy to surpass the comparable figures. More than €1.4 billion in revenue by 2030 By 2025, Tonies will generate €630 million in revenue. By 2030, revenue is expected to more than double to over €1.4 billion. At the same time, the adjusted EBITDA margin is set...
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