GRIFOLS : adjusted target price at Invest Securities
The research firm points out that 'the market has heavily penalized (-35%) the presentation of uncertified accounts in a context of strong mistrust, a more costly restructuring plan and higher CAPEX in 2024, strongly affecting FCF 2024'.
Invest Securities nevertheless remains confident in the Group's ability to emerge from this crisis, believing in particular that 'the effective disposal of SRAAS is on the right track, which will facilitate debt refinancing, and the reservoir of growth is colossal'.
Copyright (c) 2024 CercleFinance.com. All rights reserved.
The information and analyses published by Cercle Finance are intended solely as a decision-making aid for investors. Cercle Finance cannot be held responsible, directly or indirectly, for the use of information and analyses by readers. Uninformed investors are advised to consult a professional advisor before investing. This information does not constitute an invitation to sell or a solicitation to buy.
Go to the original article.
Contact us to request a correction