Research houses First Berlin, Nuways and Quirin maintain their price target and continue to rate shares as “Buy”

Swissnet Group: Research houses First Berlin, Nuways and Quirin maintain their price target and continue to rate shares as “Buy”

Berg, Switzerland – 6 February 2025 – Research houses First Berlin, Nuways and Quirin have released updated research reports on its rating of Swissnet Group (ISIN: CH0451123589 - Ticker: MLBMD). All target prices remain the same as previously and they continue to rate shares as “Buy”. First Berlin has a target price of EUR 18.50, Nuways sets a target price of EUR 20.00 and Quirin with the price EUR 19.40.

The updated research reports now reflect the rebranding to Swissnet Group and they emphasize the strong current trading on the latest customer contract signed and announced in January. Swissnet secured two major orders, EUR 0.8MM healthcare project to upgrade hospital communications and EUR 1.3MM project for PoS digitalization and IoT solutions, reinforcing its growth and market leadership.

The current reports on Swissnet Group are available for download on the corporate website of Swissnet http://www.swissnet.ag in the "Investor Relations" section.

About Swissnet Group

The Swissnet Group is a leading provider of location-based marketing software (LBM), Wi-Fi infrastructure systems and Wi-Fi guest hotspots. The group serves customers in the retail, hospitality, healthcare and public sectors, among others. The subsidiaries under the Swissnet group umbrella are known for their outstanding expertise in digital transformation and Software as a Service. With intelligent and fully cloud-based technologies, the Swissnet Group offers its customers tangible added value and success by improving their omnichannel strategies. The company is listed on the Frankfurt Stock Exchange and traded in the XETRA segment.

For more information, please visit http://www.swissnet.ag.