Analyst views: developments for Schneider Electric, Thales, Air Liquide...
Target reductions dominate the session, from Société Générale to OPMobility via Saint-Gobain. On the upside, Forvia switches sides at BofA Securities and DSM-Firmenich jumps at Kepler Cheuvreux.
Above their target: 3 values · SBF 120 covered values: 119
Values above their target: Teleperformance (-5.6%) · Rémy Cointreau (-5.1%) · Eurofins Scientific (-3.4%)
Forvia: BofA Securities moves from "sell" to "buy" and raises its target from 11 to 14 euros. Median target at 14 euros, Gap targets / price: +56.1%.
From 67 to 100 euros at DSM-Firmenich: Kepler Cheuvreux remains at "hold" and raises its target from 33 euros. An analyst had raised his target on September 29. The median stands at 100.34 euros, Gap targets / price: +2.5%.
At Société Générale, Kepler Cheuvreux's target is reduced from 85 to 72.60 euros, the view remaining at buy. An analyst had lowered his target on October 5. Median at 85 euros, Gap targets / price: +35.3%.
Ayvens: still at buy, Kepler Cheuvreux revises its target from 13 to 12.50 euros. An analyst had lowered his target on September 28. The median target is 12.50 euros, Gap targets / price: +44%.
Kepler Cheuvreux again, on Veolia: the target moves from 42 to 41 euros, with a view maintained at buy. 2 analysts had lowered their targets over the last 10 days, the last on October 7. Median at 38 euros, Gap targets / price: +23%.
On Bonduelle's side, Kepler Cheuvreux's target drops from 8 to 7 euros. An analyst had lowered his target on October 6. Median at 7.57 euros, Gap targets / price: -0.5%.
It is BofA Securities that moves Valeo: the view moves from "hold" to "sell", the target from 15 to 13 euros. Median target at 15 euros, Gap targets / price: +9.6%.
Elis remains at "hold" at BofA Securities, which reduces its target from 28 to 27 euros. The median is at 29 euros, Gap targets / price: +37.3%.
ING Wholesale downgrades Colruyt from "buy" to "hold" and lowers the target from 40 to 37 euros. 3 analysts had lowered their targets over the last 10 days, 1 had raised it, the last movement dating from October 5. Median at 34.90 euros, Gap targets / price: +4.5%.
Jefferies signs two moves of the day. Aalberts first: still at buy, the broker raises its target from 50 to 52 euros. 3 analysts had raised their targets over the last 10 days. Median at 48 euros, Gap targets / price: +15.1%. Then Schneider Electric: "buy" view, target from 289 to 323 euros. 4 analysts had raised their targets and 2 had lowered them, the last movement dating from October 6. Median at 340 euros, Gap targets / price: +33.9%.
Ipsen: Jefferies is at "underperform", target reduced from 135 to 130 euros. An analyst had lowered his target on September 28. Median at 164.16 euros, Gap targets / price: +15.2%.
At LDC, Euroland Corporate remains at buy with an unchanged target at 150 euros. Median at 140.94 euros, Gap targets / price: +41.5%.
Two brokers, two declining targets on Bilendi: Euroland Corporate, still at buy, moves from 26.40 to 22.30 euros, while Portzamparc, "buy" view, reduces its target from 21.50 to 20.80 euros. Median at 21.55 euros, Gap targets / price: +153.2%.
Fagron: KBC Securities remains at buy and leaves its target at 30 euros. An analyst had raised his target on September 28. Median at 30.28 euros, Gap targets / price: +38.6%.
At 32 euros: that's the target displayed by KBC Securities on EVS Broadcast Equipment. Median at 36.14 euros, Gap targets / price: +113.1%.
At Argenx, KBC Securities adjusts its target from 1,000 to 950 euros. Median at 995.56 euros, Gap targets / price: +44%.
TotalEnergies: JP Morgan is at "neutral", target raised from 83 to 85 euros. 5 analysts had raised their targets and 1 had lowered it over the last 10 days, the last movement dating from October 6. Median at 88 euros, Gap targets / price: +14.8%.
Oddo BHF intervenes on two matters. For Thales, the view is "outperform" with a target reduced from 305 to 288 euros. An analyst had raised his target and another had lowered it, the last movement dating from October 1. Median at 288 euros, Gap targets / price: +34.5%. For OPMobility, it is at "outperform", with a target that drops from 21 to 15 euros; Deutsche Bank, at "hold", reduces its target from 14 to 11 euros. Median at 15 euros, Gap targets / price: +50.2%.
Deutsche Bank signs three other moves. Saint-Gobain: the broker remains at "hold" and lowers its target from 85 to 82 euros. 5 analysts had lowered their targets over the last 10 days, the last on October 6. Median at 95 euros, Gap targets / price: +48.2%. BE Semiconductor Industries: "buy" view, target from 275 to 240 euros. 2 analysts had lowered their targets, the last on October 6. Median at 240 euros, Gap targets / price: +37.1%. Air Liquide: "buy" view, target raised from 192 to 194 euros. An analyst had lowered his target on October 6. Median at 197 euros, Gap targets / price: +17.7%.
At Rémy Cointreau, TP Icap Midcap is at "hold" for a target raised from 38 to 39 euros. Median at 41 euros, Gap targets / price: -5.1%.
Goldman Sachs: two matters. Euronext first, "neutral" view, target from 169 to 170 euros. 2 analysts had raised their targets over the last 10 days, the last on October 5. Median at 171 euros, Gap targets / price: +5.8%. Then Amundi, "buy" view, target from 104 to 108 euros; Citi, at "neutral", reduces its target from 102.50 to 97 euros. 2 analysts had raised their targets and 1 had lowered it, the last movement dating from October 7. Median at 98.60 euros, Gap targets / price: +12.2%.
From 161 to 145 euros at Eiffage: BNP Paribas Exane is at "outperform". Median at 159 euros, Gap targets / price: +61.1%.
BNP Paribas: Autonomous Research, at "outperform", reduces its target from 120 to 118 euros. 2 analysts had lowered their targets, the last on October 5. Median at 118 euros, Gap targets / price: +31.2%.
Last matter of the day, Air France-KLM: Morgan Stanley, at "overweight", adjusts its target from 13.50 to 13.20 euros. An analyst had lowered his target on October 5. Median at 12 euros, Gap targets / price: +11%.
