Report
Martial Descoutures

Sur la bonne trajectoire - ACHAT - OC 6,4€ (vs 7€)

La société a publié des résultats globalement en ligne avec les attentes malgré des charges financières élevées. La croissance des ventes devrait se renforcer en 2017 (+22%) sous l’effet: (i) des premières ventes de la vis intelligente avec Zavation (0,85m€ att) et de la (ii) poursuite de la pénétration de l’ensemble des gammes PediGuard. Nous ajustons légèrement nos attentes de dépenses opérationnelles et de charges financières. Après mise à jour du modèle, nous abaissons légèrement notre objectif à 6,4€ vs 7€ préc. et maintenons notre opinion ACHAT.
Underlying
Spineguard SA

SpineGuard SA is a France-based company that develops and markets a product for spine surgery. The Company offers PediGuard, a handheld wireless device that is used to detect possible cortex perforation during pedicle preparation for screw placement. There are three varieties of the product: Classic PediGuard; Curved PediGuard, which has a curved gearshift, and Cannulated PediGuard, which has a cannulated shaft.

Provider
Invest Securities
Invest Securities

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.

Analysts
Martial Descoutures

Other Reports on these Companies
Other Reports from Invest Securities
Jamila El Bougrini ... (+2)
  • Jamila El Bougrini
  • Thibaut Voglimacci-Stephanopoli
Jamila El Bougrini ... (+2)
  • Jamila El Bougrini
  • Thibaut Voglimacci-Stephanopoli
Jamila El Bougrini ... (+2)
  • Jamila El Bougrini
  • Thibaut Voglimacci-Stephanopoli

ResearchPool Subscriptions

Get the most out of your insights

Get in touch