5 big analyst AI moves: Apple lifted to Buy, AI chip bets reassessed
Investing.com - Bernstein SocGen Group has reiterated an Outperform rating on DSV A/S (CSE:DSV) (OTC:DSDVF) with a price target of DKK1,700.00, naming it the firm’s top pick in European logistics.
The research firm cited DSV’s "superb track record of synergy realization" across five acquisitions over the past two decades as a key factor in its positive outlook, noting that these synergies are "inadequately reflected in valuations."
Bernstein expects DSV’s acquisition of DB Schenker to close in Q2 2025, after which the company is projected to become the largest freight forwarder globally by both airfreight and seafreight volumes.
The firm forecasts that DSV will deliver post-synergy earnings per share exceeding DKK 100 by 2028, at which point share buybacks are expected to resume with potential repurchases of DKK24 billion annually, compared to the company’s current market capitalization of DKK317,146 million.
Bernstein also highlighted DSV’s defensive business model as a freight forwarder, noting its ability to "flex quickly in response to volume pressure."
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.