Opportunities this week:
- Last week, following Kerry’s FY24 earnings which came out broadly in line with expectations for its Taste & Nutrition division, we increased our price target on the stock to €116 (19% upside) while also adding it to our analyst conviction list.
- This morning Bank of Ireland reported its FY2024 earnings that show a slight beat on net interest income and underlying profit after tax. BUY PT: €10.80.
- Following on from Roche’s recent Immunology/Nephrology seminar, on Thursday the company presented a launch update on its groundbreaking Sequencing by Expansion (SBX) technology. BUY PT: CHF 330.