Oddo BHF initiates coverage of Carbios with a Buy recommendation

Clermont-Ferrand, France, October 20, 2020 (06:45 AM CEST) – CARBIOS (Euronext Growth Paris: ALCRB), a company pioneering new bio-industrial solutions to reinvent the lifecycle of plastic and textile polymers, today announces that the Research desk of the independent financial group Oddo BHF, a leading player in ESG research in Europe, has initiated research coverage on Carbios with a “Buy” rating and €41.50 price target* in their report entitled: “Plastics, fasten your seatbelt!”

Carbios is also covered by the brokerage firms Bryan, Garnier & Co, Gilbert Dupont and Kepler Cheuvreux, whose recommendations are available on the Company’s website, under the heading “Stock information”: https://www.carbios.com/en/investor/stock-information/.

*: This press release does not constitute an offer to sell or subscribe, or the solicitation of an order to buy or subscribe for securities in France, Europe, the US or any other country. Carbios and Oddo BHF have agreed on a service for the production and distribution of financial analysis. Any opinions, estimates or forecasts regarding Carbios’ performance made by the analysts covering the stock are theirs alone and do not represent opinions, forecasts or predictions of Carbios or its management. Reference to these analysts does not imply Carbios’ endorsement of the content of their publications or recommendations.