beaconsmind AG (ISIN: CH0451123589, EURONEXT: MLBMD, VIENNA: BMD) with Initiation Research Report from Baader Bank

beaconsmind AG (ISIN: CH0451123589, EURONEXT: MLBMD, VIENNA: BMD) with Initiation Research Report from Baader Bank

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11 Jan 2022 20:46 CET

Regulatory News:

beaconsmind (ISIN: CH0451123589 - Ticker: MLBMD), a SaaS provider in Location-Based Marketing (LBM) & analytics for retail chains announces today the issuance of an initiation research coverage report by Baader Bank with a Price Target of EUR 27.40 and a buy recommendation.

Strong Price Target and Buy Recommendation

Baader Bank has published today its initiation Research Report with a price target of EUR 27.40 with a buy rating due to "Very strong demand, no seasonality in business thanks to the subscriptions/ recurring revenues profile, with a high retention rate and low level of competition".

Bank	Analyst	Issue Date	Rating	Price Target
Baader Bank	Zeïneb Rourou	11.01.2022	Buy	EUR 27.40

Streamlining of capital markets positioning with enhanced public disclosure through Research

The initiation coverage of the Baader Bank with its Initiation Research today, further testifies the new capital markets initiative of beaconsmind AG. Baader Bank as well as Hauck & Aufhäuser will provide ongoing research coverage in the future. In addition, Edison Group, an award-winning investment research and investor relations consulting firm, will prepare an independent research coverage report in connection with the company's initial public offering in Frankfurt. Further Research Houses have been contacted for additional coverage in the future.

About beaconsmind

Founded in 2015 in Switzerland, beaconsmind is a pioneer in the field of location-based marketing (LBM) software for retail chains. beaconsmind helps retailers run successful location-based marketing campaigns. By fitting stores with Bluetooth beacons that precisely locate and identify customers, and by integrating its Software Suite, beaconsmind opens a brand-new channel for retailers to interact with their customers, fundamentally transforming the shopping experience. Thanks to its solution, retailers can converge digital and physical shopping and address the convenience gaps of each.

For more information, please visit www.beaconsmind.com
Please download the Research Report via this link: www.beaconsmind.com/investor-relations

View source version on businesswire.com: https://www.businesswire.com/news/home/20220111006042/en/

beaconsmind
Max Weiland, Founder & CEO
[email protected]
Tel.: +41 44 380 73-73

Media Relations
Nicolas Merigeau
NewCap
[email protected]

Investor Relations / Strategic Communication
Louis-Victor Delouvrier
NewCap
[email protected]

Source

BEACONSMIND AG

Provider

BusinessWire