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Investing.com - KeyBanc has reduced its price target on Arcadis (AS:ARDS) NV (AS:ARCAD) to €52.00 from €55.00 while maintaining an Overweight rating on the engineering and consulting firm’s stock.
The adjustment follows virtual meetings between KeyBanc analyst Sangita Jain and Arcadis interim CFO Willem Baars, where discussions focused on revenue growth expectations, margin improvement opportunities, regional business outlooks, and merger and acquisition prospects.
KeyBanc cited a slower revenue growth environment in key Arcadis markets, particularly the United Kingdom (TADAWUL:4280) and Australia, as the primary reason for lowering its estimates and price target, noting this appears to be an industry-wide trend rather than company-specific issues.
Despite the reduced price target, KeyBanc remains bullish on Arcadis, highlighting the company’s focus on margin improvement and its exposure to growth markets including water, infrastructure, environmental upgrades, data centers, and life sciences.
The investment firm emphasized that Arcadis stock represents an attractive investment opportunity at its current valuation, with positive revenue inflection expected in the second half of 2025 compared to the first half.
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