Report
Maxime Kogge

Eurofins : Still some upside after the recent bond rally?

Moody's assigned on 24 July a first-time rating of 'Baa3' to Eurofins, which triggered a surge in bond prices with some of the issues up by 5 pts, an increase rarely seen in such a situation. Here we return to the reasons for the rating announcement, which came earlier than anyone expected. We also look at the impacts on Eurofins and investors. After the rally of the last few days, we are also trying to identify which issues still have upside. - >Moody's methodology is mor...
Underlying
Eurofins Scientific Societe Europeenne

Eurofins Scientific is an international life sciences company operating in food & pharmaceutical products testings. Co. provides analytical testing services to clients from various industries including pharmaceutical, food, and environmental sectors. Co. offers analytical methods for evaluating the authenticity, origin, safety, identity, composition, and purity of biological substances & products. Co. verifies authenticity of products analyzed to detect dangerous components (pathogens, prions, pesticides, asbestos, mycotoxins, dioxins, toxic substances, etc.). Co. operates in Benelux, France, Germany, North America, Scandinavia, British Isles (U.K. & Republic of Ireland), & other countries.

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
Maxime Kogge

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