Report
Geoffroy Michalet

Cegedim : Favourable positioning, but short-term potential priced in

Cegedim is a diversified SaaS software and services group. It has historically worked with healthcare professionals (77% of revenues) but is also present in other areas of expertise, such as insurance, BPO, EDI and RH. The group boasts a COVID-resilient profile and opportunity-rich business operations, with 77% of revenues exposed to the healthcare sector. That said, its modest cash generation capacity has already been factored in. We are initiating coverage of the stock with a N...
Underlying
Cegedim SA

Cegedim is a technology and services company. Co. supplies services, IT tools, specialized software, information flow and database management services to healthcare industries, pharmaceutical companies, healthcare professionals and insurance companies. Co.'s operations can be divided into three sectors: CRM and Strategic Data (optimizing marketing and sales strategies, namely through tools and databases for managing sales forces, returns on investment, market or prescriber studies); Healthcare Professionals (software publishing with availability of promotional information) and Insurance and Services (software publishing and management of healthcare reimbursement flows).

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Geoffroy Michalet

Other Reports on these Companies
Other Reports from Oddo BHF

ResearchPool Subscriptions

Get the most out of your insights

Get in touch