Vaccine profiteer ?: va-Q-Tec share jumps to record high – Berenberg:...

Vaccine profiteer ?: va-Q-Tec share jumps to record high – Berenberg:...
Vaccine profiteer ?: va-Q-Tec share jumps to record high – Berenberg:...

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The va-Q-tec shares shot up by more than 40 percent to 53 euros in early XETRA trading. Most recently, the plus was just under 22 percent to 45.50 euros. The high price gains from Friday were thus continued, when the shares had already jumped by almost 40 percent.

Among other things, the company produces thermoboxes and containers for the transport of temperature-sensitive goods and is therefore traded on the stock exchange as a potential beneficiary of a global vaccination against COVID-19. “Vaccine orders are becoming more and more likely,” the Berenberg Bank recently noted. Should the delivery of vaccines begin, the existing capacities could quickly prove to be insufficient – and va-Q-tec’s order books fill up quickly.

The company’s market value now amounts to almost 600 million euros. It is currently rated fundamentally by five analysts, all of whom recommend buying the shares. However, given the brilliant rally since Friday, their price target, which ranges from EUR 29.50 to EUR 33, is now well below the current level.

/ bek / jha /

FRANKFURT (dpa-AFX Broker)

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