Price Targets: Developments for VINCI, Renault, Airbus...
Several brokers adjusted their price targets this Monday. The revisions affect numerous CAC 40 and mid-cap stocks.
VINCI: JP Morgan raises its price target from 133 to 140 €. Recommendation remains neutral.
RENAULT: Jefferies lowers its price target from 39 to 34 €. Recommendation remains hold.
PERNOD RICARD: Deutsche Bank lowers its price target from 75 to 74 € and downgrades its recommendation from hold to sell.
ORANGE: Grupo Santander initiates coverage with a price target of 18.20 €. Recommendation at neutral.
OMER-DECUGIS & CIE: TP Icap Midcap raises its price target from 10.50 to 11 €. Recommendation to buy.
NEXANS: JP Morgan lowers its price target from 145 to 132 €. Recommendation remains neutral.
L'OREAL: Berenberg raises its price target from 372 to 374 €. Recommendation remains hold.
ICADE: Morgan Stanley lowers its price target from 30 to 25 € and downgrades its recommendation from overweight to market weight.
GTT: Goldman Sachs initiates coverage with a price target of 180 € and a neutral recommendation. UBS raises its price target from 200 to 210 €. Recommendation remains buy.
ESSILORLUXOTTICA: BNP Paribas Exane lowers its price target from 365 to 340 €. Recommendation remains outperform.
DANONE: Morgan Stanley raises its price target from 75 to 80 €. Recommendation remains overweight. BNP Paribas Exane raises its price target from 82.40 to 83 €. Recommendation remains neutral.
CARREFOUR: Jefferies raises its price target from 14 to 14.50 €. Recommendation remains hold. Goldman Sachs raises its price target from 15 to 16 €. Recommendation remains neutral.
CAPGEMINI: BNP Paribas Exane initiates coverage with a price target of 150 € and an outperform recommendation. Berenberg lowers its price target from 143 to 117 €. Recommendation remains hold. UBS lowers its price target from 155 to 150 €. Recommendation remains buy.
BNP PARIBAS ACT.A: Grupo Santander initiates coverage with a price target of 109.80 € and an outperform recommendation. Goldman Sachs raises its price target from 97 to 104 €. Recommendation remains buy.
BE SEMICONDUCTOR: JP Morgan raises its price target from 172 to 204 €. Recommendation remains overweight.
ADP: BNP Paribas Exane raises its price target from 136 to 140 €. Recommendation remains outperform. Alphavalue raises its price target from 142 to 150 €. Recommendation remains accumulate.
AIRBUS: Goldman Sachs initiates coverage with a price target of 230 € and a buy recommendation. Rothschild & Co Redburn initiates coverage with a price target of 200 € and a neutral recommendation. Jefferies lowers its price target from 215 to 195 €. Recommendation remains hold. JP Morgan lowers its price target from 240 to 225 €. Recommendation remains overweight.
AIR LIQUIDE: Bernstein initiates coverage with a price target of 194 € and an outperform recommendation. BNP Paribas Exane lowers its price target from 207 to 204 €. Recommendation remains outperform.
AIR FRANCE-KLM: Oddo BHF initiates coverage with a price target of 15.50 € and an outperform recommendation. BNP Paribas Exane raises its price target from 11 to 14 €. Recommendation remains neutral.
