The delayed launch of Zeneo implies a lower target price
TARGET CHANGE
CHANGE IN EPS2018 : € -0.91 vs -0.94 ns
2019 : € -0.73 vs -0.79 ns
Our EPS forecasts only move marginally in the short term and are not very significant since the company will start selling Zeneo as of 2021. They mostly depend on the level of external charges and staff costs engaged to prepare for the commercial launch of Zeneo.
CHANGE IN NAV€ 17.2 vs 19.0 -9.66%
Our SOTP valuation goes down in line with a smaller ....
03 Oct 2018
The delayed launch of Zeneo implies a lower target price (Crossject)
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The delayed launch of Zeneo implies a lower target price (Crossject)
Crossject SA (ALCJ:PAR) | 0 0 (-3.4%) | Mkt Cap: 38.7m
- Published:
03 Oct 2018 -
Author:
Fabrice Farigoule -
Pages:
2
The delayed launch of Zeneo implies a lower target price
TARGET CHANGE
CHANGE IN EPS2018 : € -0.91 vs -0.94 ns
2019 : € -0.73 vs -0.79 ns
Our EPS forecasts only move marginally in the short term and are not very significant since the company will start selling Zeneo as of 2021. They mostly depend on the level of external charges and staff costs engaged to prepare for the commercial launch of Zeneo.
CHANGE IN NAV€ 17.2 vs 19.0 -9.66%
Our SOTP valuation goes down in line with a smaller ....