Report
Geoffroy Michalet

Cegedim : Un positionnement prometteur, mais un potentiel court terme bien valorisé

Groupe diversifié de logiciels en SaaS et de services, Cegedim opère historiquement auprès d’une clientèle de praticiens de santé mais est également présent sur d’autres expertises (Assureurs, BPO, EDI, RH…). Exposé à 77% de son CA au domaine de la santé, il présente un profil résilient au COVID-19 et des activités porteuses d'opportunités. Mais sa génération de cash modeste nous parait bien valorisée. Nous initions à Neutre avec un objectif de 34.0 €. - >Des métiers diver...
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

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