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Mar 9 2022, 16:35 GMT
Science in Sport
Chasing the yellow jersey: initiating on a high-growth challenger
- Sectors : Foods
- Companies : Science in Sport
DAVY VIEW
We are bulking up our sports nutrition coverage with the initiation of Science in Sport plc (SIS). SIS is a premium tier, active lifestyle brand platform with a pro-growth credo. Strong scientific credentials underpin differentiated product positioning and strong brand equity. Focused supply chain and technology investment is now prompting a shift in strategic focus – from absolute to profitable growth. Successful operational execution should catalyse the equity. We initiate with an ‘Outperform’ rating and a 75p price target, offering over 35% upside to the current price.
