Risk factor
Very high price volatility
Profitability factor
Favourable analyst view
About
Pierce Group AB (publ) operates as an e-commerce enterprise, providing an array of products such as riding gear, parts, accessories, and casual apparel to various rider communities throughout Europe via its digital storefronts. The company organizes its business into three main categories: Offroad, Onroad, and Other. It serves motocross and enduro riders under the 24MX brand, addresses the needs of on-road motorcyclists through XLMOTO, and caters to snowmobile enthusiasts with its Sledstore brand. Beyond its online operations, Pierce Group also maintains a physical retail location in Stockholm. Founded in 2008, the company's headquarters are situated in Hägersten, Sweden.
Company Valuation
Based on key historical and expected multiples, the stock is slightly undervalued relative to its peers. In particular, the stock is reasonably priced on P/E, of fair val
Target Price
The average target price of PIERCE.ST is 14.5 and suggests 57.6% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to