BioMérieux: Invest Securities raises target price
(CercleFinance.com) - While raising its target price from E130 to E133, Invest Securities reiterates its 'buy' rating on bioMérieux, a stock that it feels is insufficiently valued relative to its peers, given its market positioning and risk profile.
On Friday, the group announced 2024 results above expectations and exceeding targets. For 2025, targets are in line with the GO-28 plan and broadly in line with our expectations, the analyst says.
Particularly satisfied with the momentum of the four growth pillars, which are evolving at the top end of the GO-28 plan targets, the analyst believes that these levers are establishing bioMérieux as a true growth champion in the IVD market.
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