Nyheter m m

Cision

Bio-Works Technologies AB15 min. fördröjning

Förändring2.19% Senast8,40 SEK
Köp Sälj Läs mer
		

Bio-Works Technologies AB: Vator Securities: Bio-Works Technologies (BIOWKS:SS) - Outperform rating maintained and target price raised to SEK 15.8

07:52 We believe that Bio-Works is now entering a new era as a professionally structured commercial player due to the following recent advancements; i) consecutive quarterly customer growth; ii) fast traction in the important Protein A segment shortly post launch of the product WorkBeads affimAb; and iii) activist-like investments by the new owners and board members Peter Ehrenheim (Chairman) and Thomas Eklund (Director), holding a total of 17% together with a group of similar investors. These seasoned investors bring significant industry-specific know-how and proven track records from GE Healthcare, Biotage, and Investor Growth Capital, among others. We argue that the market at this point in time should base its view and valuation of Bio-Works on its growing customer base, which in a few years will translate into recurring cash flows as the customers progress through the scale-up process. Going forward, we expect that a continued high customer growth will be one of the major drivers of the stock price. The companys recent progress motivates, in our view, a re-evaluation of the company. We maintain the Outperform rating and raise the target price to SEK 15.8, equal to an equity value of SEK 482m non-diluted, based on a mix of DCF valuation and peer analysis. Läs mer och ladda ned analysen: https://vatorsecurities.se/analysis/commissioned-research-bio-works-technologies (https://vatorsecurities.se/analysis/commissioned-research-bio-works-technologies-ab-2019-09-19/) Detta är ett pressmeddelande från Vator Securities. https://vatorsecurities.se/ ----------------------------------------------------------- https://news.cision.com/bio-works-technologies-ab/r/vator-securities---bio-works-technologies--biowks-ss----outperform-rating-maintained-and-target-pric,c2909479 https://mb.cision.com/Main/16592/2909479/1108564.pdf © Cision

Finansiella instrument kan både öka och minska i värde. Det finns en risk att du inte får tillbaka de pengar du investerar. Innan du investerar i en fond bör du läsa informationsbroschyren som finns hos fondbolaget och faktabladet som du hittar i orderläggningsfönstret samt på fondens produktsida på nordnet.se.