Grifols: Operational Recovery And Balance Sheet Improvement Support A Return To Buy (Rating Upgrade)
2026-07-03 10:49:07 ET
We are back to comment on Grifols, S.A. ( GRFS ), following the many latest changes since our last update (December 2025). We provided an equal-weight rating due to delayed product catalysts and elevated leverage. This proved to be the right call (Fig. 1), as Grifols' share price de-rated while the market (despite the Middle East escalation) turned positive, with the S&P 500 returning more than 8% in H1 2026....
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Grifols: Operational Recovery And Balance Sheet Improvement Support A Return To Buy (Rating Upgrade)NASDAQ: GRFS
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