Barclays analyst Luke Sergott maintains $Avantor (AVTR.US)$ with a buy rating, and adjusts the target price from $28 to $25.
According to TipRanks data, the analyst has a success rate of 39.0% and a total average return of -4.5% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Avantor (AVTR.US)$'s main analysts recently are as follows:
The firm expressed satisfaction with Avantor's robust free cash flow in Q3 and the gradual revenue enhancement in bioprocessing and equipment & instrumentation, which surpassed initial projections for the quarter. Although management abstained from forecasting for 2025, the expectation is set for a continued gradual and stable enhancement throughout the fiscal year.
A softening in the semiconductor sector is affecting what is otherwise considered a 'solid' revenue performance, while concerns center on the miss in EBITDA margin, raising questions about the company's target to achieve a 20% EBITDA margin by 2025. It is believed that the company could approach this target, but would need a favorable product mix and additional cost reductions to reach it. Expectations for growth have been moderated to 3% due to the semiconductor industry's influence and the projections for 2025 margins.
Note:
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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
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