SFS Group Upgraded to Add as AlphaValue/Baader Europe Notes 'More Constructive' View on Medium-term Growth

12:06 PM EDT, 07/10/2026 (MT Newswires) -- AlphaValue/Baader Europe upgraded SFS Group's (SFSN.SW) rating and price target, citing a "more constructive" view of the group's growth profile over the medium term, particularly within its engineered components business. "We believe the contribution from the electronics and electrical end markets is likely to exceed our previous expectations. In particular, we see attractive growth opportunities in the HDD(Hard Disk Drive) market, where SFS supplies precision spacers and fastening components used in high-capacity hard disk drives," analysts said in a Friday note. "We estimate HDD-related sales at around CHF 80m today and expect the business to deliver high-single-digit growth over the coming years. While SSD(Solid State Drive) adoption continues to accelerate in high-performance computing applications, we expect HDDs to remain indispensable for mass data storage given their significantly lower cost per terabyte." Analysts also adopted a "more positive" stance regarding the Swiss precision components and fastening technology company's smartphone segment. As such, the research firm changed its opinion on the stock to add from reduce, while increasing the price target to 157 francs.