NEW YORK (dpa-AFX Broker) - The US bank JPMorgan has left its rating for Gerresheimer at "Overweight" with a target price of 125.70 euros. The takeover of Bormioli initially brings a decent profit contribution at a time when some market participants had feared a profit warning, analyst David Adlington wrote in his review on Thursday evening. The conference call had given management the opportunity to reaffirm its annual targets. According to Adlington, a sale of the new Moulded Glass Division, which includes Bormioli, raised around EUR 1.5 billion. This enabled Gerresheimer to significantly reduce its debt./ag/ajx

Publication of the original study: 23.05.2024 / 19:48 / BST

First disclosure of the original study: 24.05.2024 / 00:15 / BST

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