We are upgrading our forecasts, target price and recommendation on Ab Dynamics PLC (LON:ABDP). Thanks to a growing portfolio of unique testing products that are critical to developing and launching increasingly sophisticated autonomous driving in shortest possible time, we now believe that AB Dynamics can grow at 28% per annum over the next three years. This is much superior growth to Renishaw, the top rated UK robotics/automation stock, which has a consensus forecast CAGR of 8% over the next three years. Applying Renishaw’s 2018 EBITDA multiple of 23x to AB Dynamics generates a minimum valuation of 1,030p per share. We therefore raise our target price to 1,030p and recommendation to BUY. Frankly speaking, for UK investors starved of mainstream self-driving/electric car plays there are very few alternatives.