In a report released on June 21, Hugo Paternoster from Kepler Capital maintained a Buy rating on Mynaric AG (MOYFF – Research Report), with a price target of €35.00. The company’s shares closed last Friday at $23.47.
According to TipRanks, Paternoster is ranked #7343 out of 8401 analysts.
Currently, the analyst consensus on Mynaric AG is a Moderate Buy with an average price target of $38.20.
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MOYFF market cap is currently €151.5M and has a P/E ratio of -1.89.
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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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