28-06-2025
Berenberg Bank Sticks to Their Buy Rating for ConvaTec (CTEC)
In a report released yesterday, Sam England from Berenberg Bank maintained a Buy rating on ConvaTec (CTEC – Research Report), with a price target of £3.35. The company's shares closed yesterday at p289.20.
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England covers the Healthcare sector, focusing on stocks such as Carl Zeiss Meditec, Qiagen, and Smith & Nephew Snats. According to TipRanks, England has an average return of -1.7% and a 51.35% success rate on recommended stocks.
Currently, the analyst consensus on ConvaTec is a Strong Buy with an average price target of p322.90, representing an 11.65% upside. In a report released on June 26, Barclays also maintained a Buy rating on the stock with a £3.25 price target.
The company has a one-year high of p311.20 and a one-year low of p211.80. Currently, ConvaTec has an average volume of 6.48M.
