$BICO BICO Group (BICO), a company in the life sciences sector, is currently facing a mixed outlook. The company has been struggling with profitability in the short term, though long-term growth projections are more optimistic. Analysts forecast a potential rebound, with revenue expected to grow at 9.4% annually, although earnings growth might remain unprofitable for the next few years.
The consensus among analysts places BICO’s target price around SEK 100-105, down from higher targets earlier in 2024. For investors considering BICO today, a target buy price around SEK 0.28 (converted to SEK) might be attractive if you're looking for a riskier, longer-term play based on the company’s expected growth trajectory in life sciences. However, near-term volatility and cash flow concerns suggest caution, especially for those looking for immediate returns.
In summary, the sentiment is slightly bearish in the short term, but there is potential for growth if BICO can overcome current challenges.