Berenberg has increased its price target for ISS A/S to DKK 335 from DKK 305, while maintaining a buy recommendation on the shares.
The adjustment comes just days before the facilities management group is scheduled to report its second-quarter financial results on August 11.
By raising the target by nearly 10%, Berenberg is positioning itself ahead of the earnings print, suggesting that current market pricing may not fully reflect the company’s underlying value or near-term growth prospects.
The German investment bank’s move signals continued confidence in the service giant’s trajectory, despite the lack of fresh fundamental data from the company itself.
By raising the target by nearly 10%, Berenberg is positioning itself ahead of the earnings print, suggesting that current market pricing may not fully reflect the company’s underlying value or near-term growth prospects.
ISS shares have been a focus of analyst attention in recent weeks, with several institutions adjusting their valuations in the broader Danish market.
The upcoming Q2 report will be a critical test for the stock, as investors look for confirmation of revenue momentum and margin stability in a competitive services landscape.