This FTSE 250 technology company suffered two profit warnings during 2024, and recent results saw shares decline further, making the stock an interesting recovery play.
However, investment bank analysts see this decline as overdone and unwarranted, given the company's progress. They have a price target that implies an achievable 20% upside.
The company's shares are down
Demand for the company’s high-tech instruments gathered pace in the second half of the year, and guidance for 2025 reflects a much more positive trading outlook. The company believes it will return to strong growth ...