Market forces show Scott Tech's worth more, says Forbar

Scott Tech's innovative products contribute to Forbar's 'undervalued' assessment. (Image: Scott Tech)

Tue, 07 Nov 2023

Scott Technology is worth more than the market's giving it credit for, according to a recent note from Forsyth Barr.Industrial automation company Scott is currently undergoing a strategic review of its ownership structure, which the note's authors, Forbar analysts James Lindsay and Will Twiss, said has put the company into the limelight.This has happened at a time when industrial automation companies are drawing interest from potential acquirers.UndervaluedClaims that Bettcher Industries’ takeover bid of another New Zealand s...

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