Paragon ID shares - strong potential for the first half year of 2018
In January 2018, the independent financial analyst, Genesta, reported on its selection of the top 5 shares with high potential for the first half of 2018.
It is the first time Paragon ID has made the selection with the analyst giving an estimated potential of +70%, the highest of the selected companies.
Genesta writes: “Paragon ID is in the process of becoming a European champion of contactless solutions. The company will benefit from a stronger market position, optimizing its cost structure and highlighting high margins, in line with the highly technological positioning of their proposition.”
Based on 1/ Paragon ID’s diverse and exhaustive offering, 2/ its technological and industrial synergies following the reorganisation, 3/ the strong growth in the sector and 4/ it’s estimation on the potential value of the share, Genesta strongly recommends a strong buy for Paragon ID shares with an objective of 2.10€, a potential rise of 70%.
Click here to access Genesta’s full half-year report (only available in French).
For any information regarding Paragon ID shares and to access our press releases, visit our Investors Relations page.