TP ICAP Midcap Initiates Coverage of LDLC Group, Targets €16.20
TP ICAP Midcap begins tracking the computer and high-tech distribution group with a 'Buy' rating. The investment bank sets a price target of €16.20 per share in its initiation report published Friday.
TP ICAP Midcap, an investment bank specializing in small and mid-cap stocks, starts covering LDLC Group with a 'Buy' rating. The initiation report, titled 'Just a Little Patience', will be released on June 12, 2026. The bank values the company at €16.20 per share.
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Listed on Euronext Growth, LDLC Group operates through 15 brands and has 8 e-commerce sites. With approximately 1,100 employees, the company positions itself as a major player in e-commerce and specialized computer and high-tech distribution for both individual consumers (BtoC) and businesses (BtoB). The group has augmented its online presence with a network of owned or franchised stores.
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