Recently, there has been a turnaround in Roche’s fortunes, with its share price outperforming peers. While, fundamentally, Roche had always been a solid business, the revival in sentiment can be attributed to moderating COVID-19 risk(s) in the US – a key end market. This could be an inflection point for heavily US reliant innovative pharmas. Whereas, for Roche, its positioning as a sector bellwether is now likely to be better appreciated.
09 Jun 2021
Roche’s recent revival of fortunes
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Roche’s recent revival of fortunes
- Published:
09 Jun 2021 -
Author:
Amandeep Goyal -
Pages:
3
Recently, there has been a turnaround in Roche’s fortunes, with its share price outperforming peers. While, fundamentally, Roche had always been a solid business, the revival in sentiment can be attributed to moderating COVID-19 risk(s) in the US – a key end market. This could be an inflection point for heavily US reliant innovative pharmas. Whereas, for Roche, its positioning as a sector bellwether is now likely to be better appreciated.