Friday, 21 August 2026 · World
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EUROS The World Financial Report
Nº 41 Friday, 21 August 2026 · World Edition
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Jefferies initiates coverage on Anthem Biosciences with a Rs 1,050 target

Markets-Economic Times · 2h ago · 🇮🇳 India
Jefferies initiates coverage on Anthem Biosciences with a Rs 1,050 target

Jefferies has initiated coverage on Anthem Biosciences with a Buy rating and Rs 1,050 target, implying around 20% upside. The brokerage is bullish on the company’s integrated CRDMO model, strong return ratios and growth prospects, forecasting 18% revenue CAGR through FY29. Key triggers include new commercial molecules and biosimilar launches, while customer concentration and high capex remain key risks.

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