By Cecília Mayrink
São Paulo, 24/11/2025 - BB-Investimentos has started coverage of Frasle Mobility and Randoncorp stocks. For the first, the recommendation is to Buy, with a target price of R$ 29.00 by the end of 2026, a potential increase of 19.14% compared to the closing price in the last trading session. Randoncorp has a Neutral recommendation and a target price of R$ 7, with a potential gain of 19.15%.
BB-BI points out that the valuation of Frasle is based on a discounted cash flow (DCF) model and is supported by the company's ability to execute, integrate, and capture synergies, a defensive portfolio, and exposure to different markets and geographies.
According to the firm, the company has a highly defensive portfolio, with about 90% of revenue coming from non-elective consumer products, high recurrence of replacement, and associated with reduced risk of accidents. Another point highlighted is that approximately 54% of the company's revenue is international, which mitigates local risks and expands the addressable market.