Analyst Views: Changes for Air Liquide, TotalEnergies, Legrand...
A busy day on the front of price target revisions: TotalEnergies approaches 107 euros at CIC, Trigano suffers three simultaneous downgrades, and Air Liquide maintains its target at 205 euros while several industrial stocks see their price targets adjusted upwards or downwards.
Above their target: 6 securities · SBF 120 securities covered: 118
Securities above their target: Teleperformance (-12.1%) · Eurofins Scientific (-10.6%) · Worldline (-7.9%) · Sodexo (-5.6%) · Solvay (-2.3%) · Rémy Cointreau (-0.9%)
Largest target / price gaps:
SES — target 10.40 euros — target / price gap: +127.0%
Genfit — target 19.70 euros — target / price gap: +107.1%
Atos — target 45.85 euros — target / price gap: +98.8%
Abivax — target 155.23 euros — target / price gap: +91.4%
Valneva — target 4.74 euros — target / price gap: +73.4%
LE SLIP FRANCAIS: TP Icap Midcap displays a target of 18.10 euros, "buy" rating.
ABC Arbitrage: Kepler Cheuvreux raises the target from 7.40 to 7.80 euros, "buy" recommendation confirmed.
205 euros confirmed at Kepler Cheuvreux for Air Liquide, "buy" rating maintained. The median of the 20 published targets reaches 198.50 euros — target / price gap: +18.7%. One analyst had raised its target yesterday, two had lowered theirs recently.
Trigano suffers three downward revisions: Kepler Cheuvreux (from 177 to 165 euros), Portzamparc (from 180 to 173 euros) and UBS (from 187 to 179 euros), all "buy". Consensus median at 189.98 euros, target / price gap: +41.7%.
At Danone, BofA Securities reduces the target from 93 to 92 euros, "buy" maintained. With a median of 79 euros, the target / price gap stands at +30.8%. One analyst had already lowered its target on September 22.
Bureau Veritas: BofA Securities raises its target from 30 to 32 euros, the stock remaining "under review". Median of 17 targets at 32.22 euros, target / price gap: +18.8%. One analyst had also raised its target yesterday.
Double increase for Legrand: BofA Securities (from 138 to 139 euros, "sell") and Jefferies (from 167 to 168 euros, "buy"). One analyst had already raised its target on September 21. Consensus median at 164.25 euros — target / price gap: +20.6%.
Arcadis: ING Wholesale moves from "under review" to "buy", 42 euros target. Consensus median at 43.79 euros, target / price gap: +4.3%. One analyst had raised its target yesterday.
A spectacular jump for KBC Ancora: ING Wholesale raises the target from 91 to 112 euros, "buy" confirmed.
TotalEnergies: CIC Market Solutions adjusts to 106.70 euros (versus 106.60), "buy". Median at 86.30 euros, target / price gap: +7.6%. 4 analysts had raised their targets over the past 10 days, the latest yesterday.
At CIC Market Solutions, three stocks maintain their target: Schneider Electric (345 euros, "buy"; consensus median at 340 euros, target / price gap: +16.3%), Airbus (240 euros, "buy"; median at 232 euros, target / price gap: +20.8%), EssilorLuxottica (250 euros, "buy"; median at 237 euros, target / price gap: +60.3%; two analysts had lowered their target on September 22) and bioMérieux (100 euros, "buy"; median at 80 euros, target / price gap: +6.2%).
Hyloris: KBC Securities moves from "buy" to "hold", target at 6 euros unchanged.
Three new coverages from Euroland Corporate: Streamwide (target 70.30 euros, "buy"), Genoway (3.80 euros, "buy") and Charwood Energy (5.50 euros, "buy").
Nextedia: Greensome Finance confirms the target at 0.82 euro, "buy".
Contrasting views on Société Générale: Alphavalue reduces the target from 80.40 to 78.40 euros ("reduce"), Keefe Bruyette & Woods from 81 to 80 euros ("underperform"), while JP Morgan raises it from 81 to 83 euros ("neutral"). Consensus median at 87.50 euros, target / price gap: +23.2%. 4 analysts had raised their target over the past 10 days, the latest yesterday, while one analyst had lowered theirs.
Planisware: Oddo BHF raises the target from 24 to 25 euros, "neutral" maintained. Median at 26 euros, target / price gap: +7.4%.
Dassault Systèmes: Oddo BHF raises the target from 22 to 23.50 euros, "neutral". Median at 22 euros, target / price gap: +5.1%.
Peugeot Invest: Bank Degroof Petercam displays a target of 64 euros, "hold" rating.
BNP Paribas Exane lowers its targets on two luxury giants: LVMH moves from 525 to 470 euros ("market perform"; median at 532 euros, target / price gap: +33.4%; 10 analysts had lowered their target over the past 10 days, the latest on September 22) and Hermès International from 2,050 to 1,760 euros ("outperform"; median at 1,765 euros, target / price gap: +31.3%; 5 analysts had lowered their target over the past 10 days, the latest on September 22).
Covivio: Bernstein raises the rating from "market perform" to "outperform" but reduces the target from 64 to 61 euros. Median at 54.27 euros, target / price gap: +16.5%.
