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Mynaric AG (MOYFF) Gets a Buy from Kepler Capital

Kepler Capital analyst Hugo Paternoster maintained a Buy rating on Mynaric AG (MOYFFResearch Report) on January 24 and set a price target of EUR35.00. The company’s shares closed last Thursday at $15.21.

According to TipRanks, Paternoster is a 3-star analyst with an average return of 5.4% and a 50.00% success rate.

Currently, the analyst consensus on Mynaric AG is a Moderate Buy with an average price target of $38.13.

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MOYFF market cap is currently $106.5M and has a P/E ratio of -1.32.

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Mynaric AG operates in the communication equipment business sector. The company is engaged in the manufacture and sale of products and projects and the provision of services in the field of laser technology, in particular in the aerospace, telematics, and satellite services sectors. It operates in two segments: Air and Space. The company’s product portfolio consists of Optical ground stations, Air-to-ground terminals, Air-to-air terminals, Space terminals, and Custom products and subcomponents. Its applications consist of high altitude networks, remote eye, satellite constellations, earth observation satellites, and others.

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