Piper Jaffray Companies Analysts Decrease Earnings Estimates for BioMerieux SA (OTCMKTS:BMXMF)

BioMerieux SA (OTCMKTS:BMXMF) – Equities researchers at Piper Jaffray Companies dropped their FY2019 earnings estimates for shares of BioMerieux in a note issued to investors on Tuesday, October 22nd. Piper Jaffray Companies analyst W. Quirk now anticipates that the company will post earnings per share of $2.72 for the year, down from their previous estimate of $2.86.

Separately, Zacks Investment Research cut BioMerieux from a “buy” rating to a “hold” rating in a research note on Wednesday.

Shares of OTCMKTS BMXMF opened at $82.35 on Friday. The business’s 50 day moving average is $79.96 and its two-hundred day moving average is $81.80. BioMerieux has a 1-year low of $60.50 and a 1-year high of $88.75.

BioMerieux Company Profile

bioMérieux SA provides vitro diagnostic solutions systems for private and hospital laboratories, primarily for the diagnosis of infectious diseases. The company offers microbiology technology that involves culturing biological samples; and immunoassays technology based on antigen-antibody reaction, detects and measures infectious agents, such as bacteria, viruses, and parasites, as well as measures the specific biomarkers of various pathologies, such as metabolic, hormonal, infectious, etc.

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