RBC Capital starts Advanced Medical Solutions at ‘sector perform’
Sharecast
Published May 18, 2023 14:10
RBC Capital starts Advanced Medical Solutions at ‘sector perform’
Sharecast - It said AMS (LON:AMSU) is a well-run, cash generative business that is set to bolster its already-impressive positioning in defensive end markets with a range of recent and upcoming launches.
"However, the current share price is already full, in our view, and our £2.85/share price target has insufficient implied upside for us to recommend buying the shares at this stage," it said.
RBC said its sees "meaningful" upside potential from surgical sealant Seal-G, and may revisit its rating on positive clinical and commercial developments.
AMS develops and manufactures tissue-healing technology.
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