Tonies: The business is expected to double by 2030. Berenberg values the potential at 50%

A trading opportunity is offered by the stock of tonies - known for the Toniebox for children. The stock should bounce back from the support level at 12 euros, especially after the company projected a doubling of revenues during the analyst day in June and received analyst support. Berenberg reiterated its buy recommendation and raised the price target from previously 14.50 euros to now 19 euros. Tonies plans to double revenue by 2030 and expand margins By the fiscal year 2030, the group's revenue is expected to rise to over 1.4 billion euros,...