Report
Eurofins : Q1 postview– excessive sell-off – target price raised to € 58 vs € 55
>An excessive sell-off? - The group held its conference call yesterday at 3pm and the stock closed down 8%:The share price had risen by 31% over the past six months, creating the conditions for profit-taking and potentially short positions by investors most critical of the group’s communication.As happened after full-year results were released, yesterday’s sell-off appears severe to us in view of: i/ the results reported in Q1; and ii/ potential impacts in ...
Underlying
Eurofins Scientific Societe Europeenne
Provider
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.
Geoffroy Michalet
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