Analyst Views: Developments for TotalEnergies, Soitec, Vallourec...
Several target price increases mark this session, notably in energy and semiconductors. Declines mainly affect equipment manufacturer Beneteau and optical specialist EssilorLuxottica.
Above their target: 5 securities · SBF 120 securities covered: 118
Securities above their target: Eurofins Scientific (-11.8%) · Teleperformance (-9.7%) · Worldline (-5.9%) · Sodexo (-4.7%) · Solvay (-0.6%)
Largest target / price gaps:
Genfit — target 19.70 euros — target / price gap: +121.0%
Atos — target 45.85 euros — target / price gap: +102.3%
Abivax — target 155.23 euros — target / price gap: +88.0%
Valneva — target 4.74 euros — target / price gap: +78.3%
Nanobiotix — target 48.01 euros — target / price gap: +70.5%
TotalEnergies: HSBC upgraded its recommendation from "hold" to "buy" and raised its target from 80 to 93 euros. Bullish momentum confirmed: 5 analysts had already raised their targets in the past 10 days, with the latest move dated September 24. Consensus median at 87.06 euros, target / price gap: +8.6%.
Soitec benefits from an acceleration: Kepler Cheuvreux maintains its "buy" but raises the target from 180 to 200 euros. The security is on an upward trend, with 3 target increases recorded over the past 10 days. The median target stands at 175 euros — target / price gap: +19.9%.
At Vallourec, BofA Securities shifts from "sell" to "buy" and sets a target of 24 euros. However, one analyst had lowered its target on September 21. Consensus median at 27.3 euros, the target / price gap reaches +43.4%.
Alten: double upside move. CIC Market Solutions raises its target from 80 to 100 euros ("buy" recommendation maintained), while Bernstein adjusts it from 140 to 141 euros ("outperform"). However, one analyst had lowered its target on September 17. Median at 100 euros, target / price gap: +36.1%.
KPN: JP Morgan upgrades from "neutral" to "overweight" and raises the target from 4.70 to 5.10 euros. Consensus median at 4.84 euros — target / price gap: +19.4%.
Kendrion sees ING Wholesale confirm its "buy" while raising the target from 20 to 23.50 euros. Median target at 22.96 euros, target / price gap: +9.6%.
It is Portzamparc that raises the target for Auréa from 6.90 to 7.30 euros, "strong buy" recommendation.
Airbus: CIC Market Solutions maintains its "buy" and its target of 240 euros. Consensus median also at 240 euros, target / price gap: +25.2%.
At Montea, KBC Securities maintains its target at 76 euros ("accumulate" recommendation). One analyst had raised its target on September 16. Median at 76 euros — target / price gap: +19.5%.
Valeo: CIC Market Solutions confirms its "buy" at 18 euros. One analyst had raised its target on September 23. Consensus median at 15 euros, target / price gap: +1.8%.
Several downside adjustments mark EssilorLuxottica: Goldman Sachs lowered the target from 200 to 165 euros ("market perform"), while Bernstein cut it from 200 to 185 euros (same recommendation). 2 analysts had already reduced their targets on September 24. Consensus median at 218.5 euros — target / price gap: +52.2%.
Société Générale: double target reduction. Alphavalue moves from 80.60 to 78.40 euros ("reduce"), KBW from 81 to 80 euros ("outperform"). 5 analysts had raised their targets in the past 10 days, but 3 had lowered them, latest move on September 24. Median at 87 euros, target / price gap: +21.2%.
UBS lowers the target for Beneteau from 6.85 to 6.30 euros and downgrades its recommendation from "market perform" to "hold". Latest move recorded on September 24. Consensus median at 6.64 euros — target / price gap: +28.4%.
Deutsche Bank cuts the target for CTP from 19 to 16 euros while maintaining its "buy". One analyst had already lowered its target on September 15. Median at 18.5 euros, target / price gap: +41.7%.
Airwell: double reduction. Invest Securities and Allinvest Securities both lower the target from 2.10 to 1.70 euro ("buy" recommendation maintained).
At Amoeba, KBC Securities lowers the target from 1.40 to 1.20 euro ("buy").
Precia: Euroland Corporate reduces the target from 35 to 32 euros, "buy" recommendation.
JP Morgan lowers the target for EuroAPI from 1.70 to 1.10 euro ("market perform"). Consensus median at 1.22 euro — target / price gap: +64.4%.
Morgan Stanley cuts the target for SES from 8 to 7 euros ("market weight"). Median at 7 euros, target / price gap: +56%.
RBC Capital lowers the target for AXA from 54 to 52 euros while maintaining its "outperform". 3 analysts had raised their targets in the past 10 days, latest move on September 23. Consensus median at 50.7 euros — target / price gap: +15.3%.
Anchor Securities Stockbrokers upgraded AB InBev from "hold" to "buy" but lowered the target from 81 to 79 euros. 3 analysts had raised their targets in the past 10 days, latest move on September 23. Median at 82.53 euros, target / price gap: +20.7%.
Alphavalue upgraded Sanofi from "accumulate" to "buy" and displays a target of 97.20 euros. Consensus median at 91 euros — target / price gap: +26.4%.
Renault: Alphavalue shifts from "reduce" to "accumulate", target 29.80 euros. Latest move identified on September 15. Median at 32 euros, target / price gap: +21.3%.
Alphavalue upgraded Mercialys from "accumulate" to "buy", target 13.80 euros. One analyst had lowered its target on September 18. Consensus median at 12.91 euros — target / price gap: +28.8%.
Elior Group upgraded from "accumulate" to "buy" at Alphavalue, target 2.41 euros. Median at 2.41 euros, target / price gap: +34.1%.
CIC Market Solutions sets a target of 47 euros on Eramet ("hold"). One analyst had lowered its target on September 15. Consensus median at 51.48 euros — target / price gap: +17.6%.
At Infotel, Euroland Corporate displays a "buy" recommendation for a target of 49 euros.
Euroland Corporate is "buy" on Altheora, target 0.80 euro.
Sonae: Barclays displays a target of 2.30 euros.
Bernstein rates Covivio "outperform", target 61 euros. One analyst had lowered its target on September 24. Consensus median at 59.47 euros — target / price gap: +27.3%.
