Eurofins Scientific: Oddo raises target price.
(CercleFinance.com) - Maintaining its buy rating on the stock, in a report issued on Monday morning Oddo has raised its target price on Eurofins Scientific from 475 euros to 560 euros.
The broker believes that the company has almost one billion euros to make (many) acquisitions and that it will be ahead of its 2020 guidelines. Eurofins Scientific currently targets sales of 4 billion euros, with an EBITDA of 800 million euros at the start of the next decade.
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The broker believes that the company has almost one billion euros to make (many) acquisitions and that it will be ahead of its 2020 guidelines. Eurofins Scientific currently targets sales of 4 billion euros, with an EBITDA of 800 million euros at the start of the next decade.
Copyright (c) 2017 CercleFinance.com. All rights reserved.