Report
Maissa Keskes ...
  • Stephane Houri

Pfeiffer Vacuum AG : Solid H1 2021, H2 outlook somewhat cautious, target price increased to € 165 vs € 155

>Underperform rating maintained after the Q2 publication, target price increased to € 165 vs € 155 - Following the Q2 2021 earnings release, we increase our EPS estimates by 12% for 2021 and 5% for 2022 to factor in the second upgrade to the full-year guidance announced a few days ago. We also increase our target price to € 165 € vs € 155, but maintain our Underperform rating. Despite a very solid H1, marked by ‘historic’ growth in demand and sales, the group maintain...
Underlying
Pfeiffer Vacuum Technology AG

Pfeiffer Vacuum provides vacuum technology solutions. Co.'s products are divided into the areas of vacuum generation, vacuum measurement and analysis, installation elements, vacuum chambers and vacuum systems. It includes a range of hybrid and magnetically levitated turbopumps, oil-lubricated and drycompressing low and medium vacuum pumps, leak detectors, mass spectrometers and gauge heads. Co. manufactures vacuum chambers in cubical, cylindrical and bell-shaped designs. Co. also develops and manufactures vacuum systems for customer specific processes, such as testing components for the automotive and electronics industries, testing pressure vessels or packaging in the food industry.

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
Maissa Keskes

Stephane Houri

ResearchPool Subscriptions

Get the most out of your insights

Get in touch