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NuWays Maintains Buy on Global Fashion Group With EUR 1 Price Target
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NuWays Maintains Buy on Global Fashion Group With EUR 1 Price Target
  • NuWays reaffirmed its Buy rating on Global Fashion Group with a EUR 1 price target on November 6, 2026.
  • The research firm cut growth estimates amid weak demand in Latin America and Southeast Asia but retained its adjusted EBITDA forecast.
  • Third-quarter adjusted EBITDA rose to EUR 3.4 million, with its margin widening to 2.1%.
  • Quarterly net merchandise value fell 5.4% at constant currencies to EUR 243 million.
  • Fiscal 2026 guidance now points toward the lower end of the merchandise-value range; adjusted EBITDA guidance remains EUR 18 million–EUR 25 million.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Global Fashion Group SA published the original content used to generate this news brief via EQS News (Ref. ID: rc_27356) on November 06, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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