BioNTech's Share Price Is Undervalued -- Market Talk

Dow Jones03-21

1413 GMT - BioNTech's share price offers an attractive entry point as the market undervalues the company's cancer drug pipeline potential as well as positive catalysts expected through 2025, Berenberg analysts say. The German biotech stock is trading near its six-month low, which doesn't reflect the potential of its cancer drug candidates, they say in a note. The analysts expect positive trial readouts, particularly for its individualized cancer vaccine platform and its HER2 antibody drug conjugate, to drive higher valuations through 2025. BioNTech's conservative 2025 guidance suggests planned cost-control and productivity measures, the analysts add. Shares fall 1.45% to 88.25 euros. (helena.smolak@wsj.com)

 

(END) Dow Jones Newswires

March 21, 2025 10:13 ET (14:13 GMT)

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