Berenberg initiates coverage of AutoStore stock, noting appealing valuation at 11x 2025 EV/EBITDA according to Investing.com

Berenberg initiates coverage of AutoStore stock, noting appealing valuation at 11x 2025 EV/EBITDA according to Investing.com

AutoStore Holdings Ltd (AUTO:NO) received a Buy rating from Berenberg on Monday, with a price target of NOK15.00. Berenberg highlighted AutoStore’s leading position in the global market for cubic storage solutions. These automated storage and retrieval systems (AS/RS) are used in warehouses and logistics centers to improve efficiency and storage capacity. AutoStore’s cubic storage solutions … Read more