fres21 Dec 2012 21:26
The fall in Fresenius's share price means the shares now trade on a PE ratio of just over 17. That might sound high, but it's in line with its main competitors and, more important, is close to its all-time low rating in March 2009. So, in the short term, a share price bounce looks feasible. Besides, the shares are trading below their sum-of-the-parts valuation of €62 a share from Berenberg Bank. That implies the shares can also offer decent returns for longer-term investors.but as always dyor and good luck......