Analyst Dylan Van Haaften of Stifel Nicolaus maintained a Buy rating on Straumann Holding AG (STMN – Research Report), with a price target of CHF150.00.
Dylan Van Haaften has given his Buy rating due to a combination of factors that demonstrate Straumann Holding AG’s potential for future growth. The company reported a slight beat on its top-line results for the fourth quarter of 2024, indicating robust performance despite a mixed initial reception due to slightly below consensus EBIT margin guidance for fiscal year 2025. However, the company’s market share gains and the stabilizing backdrop in North America are seen as positive indicators that support an achievable and possibly conservative guidance.
Additionally, Straumann’s performance in APAC was particularly notable, with double-digit growth outperforming expectations significantly. The EMEA region also contributed positively with growth driven by key markets like Germany, Italy, and Spain. In North America, consumer demand has stabilized, suggesting that growth is not solely due to market share gains, but also from increased volume and mix contributions. These regional strengths, combined with the company’s strategic initiatives, underpin the positive outlook for Straumann, justifying the Buy rating.
In another report released on February 7, Barclays also maintained a Buy rating on the stock with a CHF139.00 price target.