Publication en ligne, nouveau plan en chine - NEUTRE - OC 29€
La publication du T3 17, en ligne avec les attentes, a été marquée par (i) la poursuite de la dynamique forte pour QTF TB (+25%), (ii) un redressement des marges qui se matérialise (+120pbs) et (iii) l’abandon de certaines activités en Chine. Ainsi, alors que l’ensemble des leviers délivrent sur les 9M, sans inquiétudes à moyen terme, le principal enseignement reste le plan de croissance chinois qui consiste à interrompre des activités non stratégiques telles que le business HPV afin de se focaliser sur QTF TB et GeneReader. Après certains ajustements sur les prévisions (BNA 17/18/19e : -0,3%/-1,2%/-1%) et mise à jour du modèle, nous réitérons notre OC de 29€ et notre opinion NEUTRE.Qiagen is provider of Sample to Insight solutions to transform biological materials into valuable molecular insights. Co.'s sample technologies process DNA, RNA and proteins from blood, tissue and other materials. Assay technologies make these biomolecules visible and ready for analysis. Bioinformatics software interprets data. Automation solutions unite these together in molecular testing workflows. Co. provides these workflows to four classes: Molecular Diagnostics (human healthcare), Applied Testing (forensics, veterinary testing and food safety), Pharma (pharmaceutical and biotechnology companies) and Academia (life sciences research). Co. markets its products in more than 130 countries.
Since 2006, Invest Securities has become one of the leading players in investment services for funds and managers, to whom we offer a global and personalised service. Our track record differentiates us and proves our leadership in numerous promising sectors like property and growth companies.
Consisting of 13 different profiles (pharmacist, engineer, financier, etc), the DNA of our financial analysis office is value added and sector expertise. Through daily monitoring and detailed analyses of companies and sectors, we seek to provide a differentiating vision of our 120 stocks followed. Our ideas are circulated every day to nearly 1,000 professionals.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.