First Berlin Maintains Swissnet Group Price Target at EUR 18.50

First Berlin has reaffirmed its "Buy" rating for Swissnet Group shares, maintaining the price target at EUR 18.50. This decision follows the company's latest customer acquisitions, which contributed to an impressive 40% organic revenue growth in 2025. As of March 13, 2025, the shares closed at EUR 6.75 on Xetra, projecting a potential upside of approximately 174% according to First Berlin.

The report emphasizes that 75% of Swissnet's sales now come from recurring revenues, providing stability as the company continues expanding its infrastructure. Swissnet, listed on the Frankfurt Stock Exchange, is a key player in location-based marketing and Wi-Fi systems.