Bernstein upgrades Elis to “outperform,” citing share buyback and cash strategy By Investing.com
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 10 2025
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Source: Investing.com
Analyst Upgrade and Financial Performance: Elis has been upgraded to "outperform" by Bernstein, following a strategic shift that includes a €150 million share buyback program and a focus on returning capital to shareholders. The company reported a 5.2% organic sales growth in 2024 and improved its adjusted EBITDA margin to 35.2%.
Future Outlook and Market Position: Bernstein raised its price target for Elis to €27.50, citing strong performance in key markets like France and Germany, while acknowledging challenges in Scandinavia and Eastern Europe. The company plans to gradually reduce leverage and has announced a 5% increase in dividends, indicating a commitment to shareholder value amidst cautious acquisition strategies.
Analyst Views on ELIS
Wall Street analysts forecast ELIS stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ELIS is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
