Price Targets: Updates for LVMH, Saint Gobain, and More
On May 15, analysts are adjusting their valuations on several European stocks. JP Morgan, Morgan Stanley, Deutsche Bank, and HSBC are among the active brokers today.
Above Their Target:
Above their target: 6 values · Values covered: 63
Values above their target: NN GROUP (-6.2%) · AGEAS (-3.1%) · BE SEMICONDUCTOR (-1.4%) · AMUNDI (-1.0%) · IPSEN (-0.8%) · ORANGE (-0.2%)
Largest gaps between target and current prices:
CSG — target 34.00 euros — gap target / price: +109.9%
ESSILORLUXOTTICA — target 300.00 euros — gap target / price: +73.2%
PROSUS — target 66.50 euros — gap target / price: +71.8%
WOLTERS KLUWER — target 100.00 euros — gap target / price: +71.4%
From 41 to 48.10 euros at UMG: JP Morgan maintains its 'overweight' recommendation while significantly raising its target. The median of the targets is set at 25 euros — gap targets / price: +24.8%.
Saint Gobain sees Deutsche Bank lower its target from 89 to 85 euros, with an unchanged 'hold' recommendation. An analyst had already lowered his target on May 6. Consensus median at 100 euros, gap targets / price: +30.6%.
Morgan Stanley revises LVMH downwards: target moved from 565 to 540 euros, market weight maintained. 2 analysts had lowered their targets in the last 10 days, against 1 increase on May 12. The median of the targets comes out at 600 euros — gap targets / price: +30.2%.
Eiffage: Alphavalue adjusts its target from 198 to 192 euros while confirming its 'buy' recommendation. An analyst had raised his target on May 14.
At BE Semiconductor, HSBC takes a new step: target raised from 166 to 240 euros, 'hold' recommendation maintained. Median at 263 euros, gap targets / price: -1.4%.
Deutsche Bank evaluates Banijay Group with a 'buy' recommendation and a target set at 14.40 euros, raised from 13 euros.
Ayvens: Jefferies slightly raises its target from 10.80 to 11 euros, 'hold' recommendation unchanged.
It's Deutsche Bank that raises the target for Argenx SE from 725 to 750 euros, 'buy' recommendation confirmed. 3 analysts had also raised their targets in the last 10 days, last movement on May 14.
Aegon sees Morgan Stanley revise its recommendation from 'overweight' to 'market weight', with a target set at 7 euros.
