BUY recommendation from Dr. Kalliwoda..
26 February 2014
On 26 February 2014 analysts from Dr. Kalliwoda Research issued a recommendation for LUG S.A. with BUY recommendation. Target price has been set at PLN 5.2.
Analysts pointed to the following growth factors of LUG:
(1) new lighting fittings and components especially in the USD 55bn LED segment
(2) Higher production volumes from 2016 due to new production facility in Nowy Kisielin and
(3) Growing export share, which will increase to 75% in the long run
Recommendation issued at the rate of 3.7 PLN.