MLP SE Recommended as a 'Buy' by NuWays AG in Recent Research Report

NuWays AG retains its 'Buy' recommendation for MLP SE, with a stable target price of €12.00. The analysis, dated May 2, 2024, emphasizes MLP SE's robust growth prospects in wealth management, driven by demographic and economic changes. Notably, the aging German population and increasing demand for private pension solutions are highlighted as key growth drivers for MLP.

The report underscores management's effective strategies amidst challenges such as real estate downturns and high-interest rates, hinting at a recovery phase for MLP's real estate segment. NuWays AG also points to MLP’s diversified and stable revenue streams, with a significant portion being recurring revenues, which has increased from 30% in 2005 to 68%.

M&A activities are on the horizon, with MLP poised for acquisitions, supported by a €190 million net cash position. However, current market evaluations have delayed immediate acquisition plans. Analyst, Henry Wendisch, confirms the company's stock presents a favorable value for money, reinforcing the 'Buy' rating.