Analytik Jena "buy"

03/21/07 - First Berlin

LONDON, March 21 (newratings.com) - Analyst Markus Leucht of First Berlin reiterates his "buy" rating on Analytik Jena AG (AJA). The target price is set to €12.50.

In a research note published this morning, the analyst mentions that the company has issued its sales guidance for FY06/07 at €75.0 million, ahead of the estimates. Analytik Jena has guided to EBIT growth of 25% for FY06/07. The current valuation of the company’s stock appears attractive, given Analytik Jena’s growth prospects in the forthcoming FY07/08, First Berlin adds.