Price Targets: Developments for Orange, L'Oréal, Stellantis...
This Tuesday sees adjustments in price targets for seven portfolios, with increases predominating, notably due to changes in recommendations for Orange and L'Oréal.
Above Their Target
Above their target: 16 stocks · Covered stocks: 143
Stocks above their target: Soitec (-71.7%) · Eramet (-9.1%) · SES (-7.8%) · Ubisoft (-7.7%) · Mersen (-7.2%) · Solvay (-7.1%) · Aperam (-7.1%) · Derichebourg (-7.1%) · BIC (-4.4%) · Carrefour (-4.1%) · NN GROUP (-3.6%) · Nexans (-3.2%) · Icade (-1.3%) · Ipsen (-1.2%) · GTT (-0.5%) · Legrand (-0.4%)
Largest gaps between target and current price:
Valneva — target price 5.60 euros — gap: +148.3%
VusionGroup — target price 210.00 euros — gap: +78.1%
EssilorLuxottica — target price 305.00 euros — gap: +76.1%
Alten — target price 99.10 euros — gap: +69.6%
PROSUS — target price 67.00 euros — gap: +65.0%
Orange: Goldman Sachs upgrades from 'neutral' to 'buy', raising the target from 17.50 to 21.60 euros. The median target is 18 euros — gap: +1.8%. An analyst had lowered the target on April 28.
L'Oréal sees BNP Paribas make a cut: upgraded from 'underperform' to 'neutral', with the target jumping from 350 to 414 euros. Consensus median at 407.50 euros, gap: +13.3%. An analyst had lowered the target the day before.
From 5.97 to 6.10 euros at Stellantis: Alphavalue adjusts its recommendation from 'sell' to 'reduce'.
Capgemini: Alphavalue maintains 'buy' and raises the target from 134 to 136 euros. The median emerges at 150 euros — gap: +41.4%. An analyst had raised the target on May 4.
At Bureau Veritas, RBC Capital upgrades the recommendation from 'underperform' to 'market perform' but lowers the target from 26.50 to 26 euros. Median at 32 euros, gap: +23%. Two analysts had lowered their targets on April 28.
IMCD: Jefferies confirms 'buy' and moves the target to 122 euros from 108 previously.
X-FAB: Oddo BHF maintains 'neutral' but raises the target from 4.50 to 6 euros.
