Gold bars to be exempt from tariffs, White House clarifies
Investing.com - Jefferies initiated coverage on Hacksaw AB (HACK:SS) with a Buy rating and a price target of SEK130.00.
The investment firm highlighted Hacksaw’s "high-return, disruptor business model in the growing online gambling market" as a key driver for its positive outlook on the recently listed company.
Jefferies pointed to Hacksaw’s track record of high growth and clear runway for medium-term growth, projecting a 43% three-year EBITDA CAGR (compound annual growth rate).
The firm also noted potential upside from Hacksaw’s plug and play remote gaming server, along with the company’s strong balance sheet, which includes €53 million in net cash.
According to Jefferies, the current valuation of Hacksaw AB "effectively prices in only +5% medium-term growth," suggesting potential for share price appreciation if the company delivers on its projected growth trajectory.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.