ABG Sundal Collier: Photocure - Q3: a solid stepping stone towards expansion Q3 results due 10 November US recovery and EU commercialisation in the spotlight Tweaking near term ests. – DCF TP up to NOK 130 (125)
Trade active
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Tonight, DNB Markets finally gave PHO the nod with a BUY recommendation, target price 135.
What do you think about Photocure now, 1 month later?
savepiginvest
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@electricalTuna1995, Hi, the CEO and the CFO of the company will be interviewed today on the Radium podcast, hope to get good information there.
Stock performance has been somewhat weak lately, but apart from possible short term headwind coming from corona, the case seems really solid.
electricalTuna1995
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@savepiginvest, Interesting, thanks for the heads up. I see multiple analysts have increased their targets to 140-150 NOK, as well as the company increasing expected operating profit for the 2020-2022 period so hopefully this will pay off in the long term.