UBS maintains a Buy rating on Samsonite despite recent challenges, including rising oil prices, geopolitical tensions, and management changes, as they believe the recent valuation drop has outpaced the impact on fundamentals. They expect the company's first-quarter results to meet guidance and forecast a modest growth in sales, with a favorable dividend yield anticipated in 2026. The broker also sees potential for a valuation re-rating following the company's dual listing in the US.
