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SCHOTT Pharma jumps as DB ups to 'buy' on growth prospects

BUZZ-SCHOTT Pharma jumps as DB ups to 'buy' on growth prospects

** Shares in SCHOTT Pharma 1SXP.DE rise 7.7% after Deutsche Bank upgraded the German medical equipment supplier to "buy" from "hold" on accelerating growth, improving margins

** DB expects growth to speed up in Q3 and Q4, after reduced demand from a key glass syringe customer weighed on H1

** DB sees FY targets as "achievable" at midpoint and expects organic sales growth of 6% to 8% and continued margin expansion from 2027 onwards

** It expects the P/E ratio for 2027 to trade at a roughly 30% discount to Italian peer Stevanato STVN.N

** Stock, which is on track for its best day since May 2025, tops Germany's small-cap index .SDAXI

** Out of 13 analysts covering SCHOTT Pharma, eight rate it "strong buy" or "buy", ​four "hold" and one "sell" – LSEG data


(Reporting by Danny Callaghan)

((danny.callaghan@thomsonreuters.com))

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