Stagwell Stock Could Outperform With 12% Growth, But Analyst Warns Of Market Skepticism Amid Macro Concerns

Rosenblatt analyst Barton Crockett reiterated the Buy rating on Stagwell Inc. STGW on Thursday, with a price forecast of $10.The analyst writes that Stagwell doesn’t need to experience double-digit growth or significant margin expansion to justify a higher valuation compared to its peers.Even if it grows at a more modest mid-single-digit pace with stable margins, Stagwell should still command a strong EV/EBITDA multiple. However, the company is currently trading at 6.7x 2025E EBITDA, slightly below the peer ...