Bernstein analyst Sabrina Blanc initiated coverage of Elis with an Outperform rating and EUR 26.60 price target. The analyst expects “robust” revenue growth in 2024 driven by a mix of price effect and volumes. With the company’s churn likely to normalize in 2025, 4% annual organic sales growth is sustainable thereafter, the analyst tells investors in a research note.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue