NEW YORK (dpa-AFX) - The US investment bank Goldman Sachs has launched a "Buy" rating on the shares of the borrower Douglas with a target price of 38 euros. The Düsseldorf-based company is the number one in the structurally growing market for premium beauty care in Europe, wrote analyst Richard Edwards in a study published on Monday. The barriers to entry are very high here. Edwards expects average sales growth of 7 percent per annum until 2026. He expects adjusted operating earnings growth (EBITDA) of 11 percent per year./ag/gl

Publication of the original study: 29.04.2024 / 02:12 / BST First dissemination of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study

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