Analyst Recommendations: Updates for Sanofi, LVMH, Renault, and More
This Tuesday, several brokerage houses adjusted their price targets on French and European listed stocks. The changes affect banks, luxury groups, real estate, and industrial companies.
Banking and Luxury Sector Updates
Crédit Agricole: Oddo BHF raised its target from 18 to 20 €, with an outperform rating. UBS increased from 18 to 20.40 €, recommending a buy. Mediobanca raised its target from 19.60 to 20.60 €, with a neutral opinion.
Société Générale: UBS raised its target from 70 to 80 €, recommending a buy. Mediobanca increased from 57.10 to 70 €, with a neutral opinion.
LVMH: DBS Bank raised its target from 469 to 528 €, with a hold rating.
Kering: DBS Bank raised its target from 164 to 226 €, recommending to hold.
Renault: Alphavalue lowered its target from 52.90 to 44.80 €.
Saint Gobain: Alphavalue reduced its target from 109 to 97.60 €.
Sanofi: Citigroup initiated coverage with a target at 85 €, with a neutral opinion.
TotalEnergies: Kepler Cheuvreux adjusted its target from 52 to 51.50 €, with a reduce recommendation.
Unibail-Rodamco-WE: UBS raised its target from 91 to 98 €, maintaining a neutral opinion.
Klépierre: UBS raised its target from 26.10 to 30.50 €, recommending to sell.
Gecina: UBS lowered its target from 112 to 90 €, recommending a buy.
Teleperformance: TP Icap Midcap reduced its target from 83 to 81 €, recommending a buy.
OPmobility: TP Icap Midcap raised its target from 14 to 17 €, with a hold rating.
ID Logistics Group: Portzamparc raised its target from 495 to 505 €, recommending to buy. UBS increased from 505 to 510 €, with a buy opinion.
Fnac Darty: Oddo BHF raised its target from 33 to 36 €, with a neutral opinion.
SergeFerrari Group: Oddo BHF raised its target from 8.50 to 9.50 €, with an outperform rating.
Eramet: Portzamparc raised its target from 48 to 58 €, with a lighten recommendation.
Aperam: Jefferies raised its target from 33 to 37 €, recommending to hold.
Fugro: Oddo BHF raised its target from 9.50 to 13 €, upgrading to outperform.
ING Groep: Jefferies initiated coverage with a target at 27 €, with a hold rating.
ABN Amro Bank: Jefferies initiated coverage with a target at 38 €, recommending a buy.