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Added to YB: 2024-01-24

Pitch date: 2024-01-24

EVO [bullish]

Evotec SE

-64.82%

current return

Author Info

No bio for this author

Company Info

Evotec SE operates as drug discovery and development partner for the pharmaceutical and biotechnology industry worldwide.

Market Cap

EUR 1.5B

Pitch Price

EUR 14.86

Price Target

18.60 (+256%)

Dividend

N/A

EV/EBITDA

65.10

P/E

-9.02

EV/Sales

2.21

Sector

Life Sciences Tools and Services

Category

value

Show full summary:
RBC upgrades $EVO to Outperform

$EVO at 5y low on CEO exit & share dealing probe; 8x 2025 EBITDA for double-digit grower looks cheap. Cyber attack & biotech funding headwinds, but BMS/Sandoz/DoD deals support biz. €18.6 PT has 20% risk discount; €23+ on strong 2025 EBITDA growth.

Read full article (2 min)