Fresenius MedCare: Barclays adjusts TP
(CercleFinance.com) - Barclays confirms its 'equal weight' recommendation on Fresenius Medical Care shares, nudging up its TP from E38.
5 to E39, citing the German dialysis specialist's latest quarterly publication.
"Turnaround is on track, with pricing and savings driving a stronger than expected print in Care Enablement EBIT", the broker points out.
"Weaker same-store growth was a focus for investors, came as a disappointment, though should be the trough in the year, Barclays adds.
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