Equasens: Stifel raises target price

(CercleFinance.com) - Stifel has reiterated its 'buy' recommendation on Equasens shares, raising its target price from E81 to E83, despite the publication of H1 earnings that were below expectations.


The meeting held on results significantly strengthened our confidence in a rebound in H2 and in the group's 2025-26 target for double-digit organic growth, it says.

Stifel also points to new equipment sales in France, new product launches in major European countries, an increased commercial presence in Italy, and the second wave of the French digitization program arriving in 2026.


Copyright (c) 2024 CercleFinance.com. All rights reserved.
The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.
The information and analyses published by Cercle Finance are intended solely as a decision-making aid for investors. Cercle Finance cannot be held responsible, directly or indirectly, for the use of information and analyses by readers. Uninformed investors are advised to consult a professional advisor before investing. This information does not constitute an invitation to sell or a solicitation to buy.