Berenberg Affirms Belimo at Buy Amid Potential to Outpace Midterm Guidance

06:01 AM EST, 12/17/2025 (MT Newswires) -- Belimo Holding (BEAN.SW) is expected to surpass its midterm guidance for sales and EBIT margin, underpinned by its expanding portfolio and deeper penetration, among other factors, Berenberg noted Tuesday. "Assuming reasonable projections for Belimo's building application business and the high-margin data-centre opportunity, we expect the EBIT margin to trend upwards to 22.2% by 2027, thereby exceeding the company's mid-term guidance of 18-20%," analysts wrote. For sales, the research firm anticipates a 15% growth on average from 2025 to 2030, above the company's 9% to 11% target. Berenberg's expectations are additionally based on the Swiss heating, ventilation, and air conditioning company's structural trends and market share gains, booming data center market, and solid pricing power. The stock's buy rating and price target of 1,000 francs were reiterated.