Price Targets: Developments for Hermès, ADP, Nexans, and More
Deutsche Bank takes action on Nexans and Michelin, while BNP Paribas Exane adjusts its forecasts for Hermès and Lectra. JP Morgan and Barclays simultaneously revise their targets for ADP.
Above Their Target:
Above their target: 14 stocks · Covered stocks: 143
Stocks above their target: Soitec (-65.1%) · Solvay (-5.7%) · Derichebourg (-5.5%) · BIC (-5.0%) · NN GROUP (-3.6%) · Carrefour (-3.2%) · Aperam (-2.5%) · M6 Metropole Television (-2.5%) · Ubisoft (-2.4%) · SES (-2.4%) · Eramet (-1.9%) · Nexans (-1.1%) · Icade (-0.6%) · AGEAS (-0.1%)
Largest gaps between target and current price:
Valneva — target 5.60 euros — gap: +137.6%
Alten — target 99.60 euros — gap: +73.5%
EssilorLuxottica — target 305.00 euros — gap: +70.3%
VusionGroup — target 210.00 euros — gap: +67.9%
PROSUS — target 67.00 euros — gap: +64.8%
Unibail-Rodamco-We: Goldman Sachs raises its target from 129 to 130 euros, with an unchanged buy recommendation. The median of targets is 111.83 euros — gap: +9.05%.
From 152 to 179 euros at Nexans: Deutsche Bank steps up while maintaining its buy recommendation. An analyst had already raised the target on April 29. Median consensus: 146.50 euros, representing a gap of -5.3% (current price at 154.70 euros).
Michelin: Deutsche Bank adjusts downward, setting the target from 35 to 34 euros, buy confirmed. Gap: +4.34% (median at 31.25 euros).
Bernstein revises its evaluation on Manitou BF: target lowered from 28 to 25 euros, maintained outperformance. The median of targets is at 25.25 euros.
Lectra: BNP Paribas Exane reduces the target from 27 to 25 euros, while keeping its outperformance recommendation. Median consensus: 26 euros.
Significant cut at Hermès International: BNP Paribas Exane lowers the target from 2,650 to 2,150 euros, unchanged outperformance. 7 analysts had lowered their targets in the last 10 days, the latest move dated April 29. The median emerges at 2,225 euros — significant gap: +39.72% (current price at 1,592.50 euros).
ADP undergoes a double adjustment: JP Morgan reduces its target from 118 to 115 euros (neutrality maintained), while Barclays sets it at 134 euros from 136 previously (overweight confirmed). 2 analysts had already lowered their targets in the last 10 days, the latest on April 29. Median at 125.50 euros, gap: +24.63%.
Amundi: BNP Paribas Exane slightly raises the target from 80 to 82 euros, neutral recommendation unchanged. Median consensus: 81.38 euros, almost aligned with the current price (81.35 euros) — gap: +0.04%.
