Picture of Sartorius AG logo

SRT — Sartorius AG News Story

0.000.00%
de flag iconLast trade - 00:00
HealthcareSpeculativeLarge CapHigh Flyer

Sartorius rises after UBS ups rating to 'buy', on expected accelerating revenue growth

BUZZ-Sartorius rises after UBS ups rating to 'buy', on expected accelerating revenue growth

** Shares in German biopharma supplier Sartorius SATG_p.DE rise 5% after UBS upgraded the stock to "buy" from "neutral", expecting the company's revenue growth to accelerate in the 2027-2029 timeframe.

** UBS says Sartorius's sales growth for 2027-2029 will be driven by demand for bioprocess consumables, biologics pipelines and biosimilar production volumes

** "The onshoring of US biomanufacturing should drive a bolus of Bioprocess equipment demand from H2 2027," the broker said

** UBS expects signs of rebounding orders for equipment to start building by H1 2027, with shipments from H2 2027

** The analyst forecasts Sartorius will achieve a compound annual EBITDA growth rate of 12% through 2030, compared to an average of 8% for its peers

** UBS set a target price of €300 ($351) a share for Sartorius; on Thursday, Sartorius' stock closed at €246.60 a share



($1 = 0.8542 euros)


(Reporting by Basile Day)

((Basile.day@thomsonreuters.com))

Recent news on Sartorius AG

See all news