Stifel Nicolaus analyst David Vignon maintained a Buy rating on Equasens (0R9T – Research Report) today and set a price target of €75.00.
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David Vignon has given his Buy rating due to a combination of factors that highlight Equasens’s potential for growth and value appreciation. The company reported a robust first quarter with a 5.9% organic growth, which is expected to continue accelerating throughout the year. This growth is supported by improved market conditions, successful new product launches, and favorable regulatory developments.
Equasens is currently trading at a valuation that is considered undervalued, especially given the positive momentum anticipated in 2025. The company’s strategic investments in expanding its sales force and enhancing its product offerings are already yielding positive results, particularly in key markets like Italy and France. Additionally, the expected regulatory tailwinds in France, such as the digital healthcare card initiative, are likely to further boost the company’s performance. These factors combined suggest a strong potential for a re-rating of Equasens’s stock, justifying the Buy recommendation and the reiterated price target of €75.
According to TipRanks, Vignon is a 3-star analyst with an average return of 5.5% and a 54.29% success rate.