Analysts' views: changes for Airbus, LVMH, Air Liquide...
Target price increases dominate among technology and industrial stocks, while listed real estate and luxury segment primarily record downward adjustments. Several brokers confirm their views and only adjust the price targets.
Above their target: 6 stocks · Covered SBF 120 stocks: 120
Stocks above their target: Rémy Cointreau (-14.5%) · Eurofins Scientific (-12.3%) · Teleperformance (-10.5%) · bioMérieux (-7.4%) · Worldline (-6.0%) · Sodexo (-3.0%)
ArcelorMittal: from 55 to 60 euros at Barclays, from 57 to 70 euros at JP Morgan, which moves from "neutral" to "overweight". The median of the 13 targets stands at 71 euros, representing a Target/price gap of +26.5%. 3 analysts had raised their target and 4 had lowered it over the last 10 days, the latest movement dating from October 13.
On the ASML side, four brokers adjust their target: Barclays raises it from 2,450 to 2,500 euros, Intesa Sanpaolo from 1,420 to 2,000 euros, UBS from 2,350 to 2,400 euros, while BofA Securities brings it down from 2,557 to 2,507 euros. Intesa Sanpaolo, UBS and BofA Securities all remain on buy. Median consensus at 2,125 euros, Target/price gap: +46.8%. 3 analysts had raised their targets, the most recent on October 6.
UBS remains on buy for ABN AMRO and raises its target from 48 to 52 euros. The median of the 8 targets comes to 46.5 euros: Target/price gap of +13.8%.
Air Liquide in dual movement: UBS, still on buy, raises its target from 197 to 200 euros, and JP Morgan, on "neutral", increases its target from 162 to 166 euros. Median at 197.5 euros, Target/price gap: +15.7%. 2 analysts had raised their targets, the latest movement dating from October 13.
No target change for TotalEnergies: CIC Market Solutions remains on buy with a target of 106.70 euros. The median of the 19 analysts stands at 87 euros, Target/price gap: +7.4%. 4 analysts had raised their targets, the most recent on October 13.
At CIC Market Solutions again, two stocks see their target confirmed. Saint-Gobain: target maintained at 100 euros, "buy" rating unchanged; median at 95 euros, Target/price gap: +42.7%, with 4 analysts having lowered their targets, the latest on October 9. Pernod Ricard: target of 68 euros maintained, still on "hold"; median at 73 euros, Target/price gap: +9.3%, one analyst having lowered its target on October 9.
Same line for GTT, whose target remains at 238 euros at CIC Market Solutions, "buy" rating unchanged. The median of the 11 targets coincides at 238 euros, Target/price gap: +12.2%. One analyst had raised its target on October 13.
On Gecina, two trajectories: CIC Market Solutions keeps its target at 82 euros with an unchanged "buy" rating, while Jefferies, on "buy", brings its target down from 95 to 75 euros. The median of the 9 targets comes to 90 euros: Target/price gap of +42.7%.
At Drone Volt, Invest Securities remains on buy but brings its target down from 0.60 to 0.56 euros. Median of 2 targets at 0.75 euros, Target/price gap: +182%.
Netgem: Euroland Corporate maintains its "buy" rating and target of 1.50 euros. The median of the 3 targets is identical, at 1.50 euros, for a Target/price gap of +52.4%.
From 9.40 to 7.50 euros: here is the decline in the target for Mint, signed by Greensome Finance, which remains on buy. Median of 3 targets at 7.50 euros, Target/price gap: +59.6%.
At 0.20 euros compared to 0.30 euros previously, the target for Orège is set by Oddo BHF, whose current rating is "neutral".
SES: Oddo BHF moves from "underperform" to "outperform" and raises its target from 5.20 to 5.80 euros. Median of 7 targets at 7 euros, Target/price gap: +79.9%. One analyst had lowered its target on October 8.
At GL Events, Oddo BHF is on "outperform" with a target of 32 euros, versus 37 euros previously. The median of the 4 targets reaches 37.5 euros: Target/price gap of +23.6%.
Four REITs, one same broker: Jefferies adjusts its targets in listed real estate. Unibail-Rodamco-Westfield sees its target move from 122 to 114 euros, with a "buy" rating; median at 120 euros, Target/price gap: +34.1%. Klepierre remains on "hold" and drops from 40 to 37 euros; median at 40 euros, Target/price gap: +11.9%. Covivio, on "hold", moves from 54 to 45 euros; median at 57 euros, Target/price gap: +29.4%. Argan, also on "hold", falls from 79 to 71.10 euros; median at 79 euros, Target/price gap: +15.5%. One analyst had lowered its target on October 12 for each of the first three.
Stellantis: Deutsche Bank, on "hold", brings its target down from 5.50 to 4.50 euros. Median of 14 targets at 5.50 euros, Target/price gap: +44.5%. One analyst had lowered its target on October 14.
From "hold" to "buy" at JCDecaux: Deutsche Bank raises its rating and target from 21 to 30 euros. The median of the 10 targets comes to 28.5 euros, Target/price gap: +12.3%. One analyst had raised its target on October 13.
Deutsche Bank is on "buy" for Capgemini, with a target of 150 euros versus 125 euros previously. Median of 11 targets at 132 euros, Target/price gap: +12%.
Mediobanca downgrades SCOR from "outperform" to "neutral" and lowers its target from 38 to 37 euros. Median at 37 euros, Target/price gap: +9.3%. 2 analysts had raised their targets, the latest on October 13.
On LVMH, three brokers adjust their target: Kepler Cheuvreux, still on buy, moves from 500 to 490 euros; Alphavalue, on "buy", from 593 to 502 euros; SBG Securities, from "buy" to "hold", shows 425 euros. Median of 24 targets at 492.5 euros, Target/price gap: +24.5%. 12 analysts had lowered their targets over the last 10 days, the latest movement dating from October 13.
Two increases on Publicis Groupe: Kepler Cheuvreux, on "buy", moves from 110 to 115 euros, and Huber Research Partners LLC, on "overweight", from 106 to 110 euros. Median of 13 targets at 116 euros, Target/price gap: +14.7%. 3 analysts had raised their targets, the most recent on October 14.
Kepler Cheuvreux, which signs several more movements of the day, remains on "hold" for Amundi and brings its target down from 88.50 to 87.60 euros. Median at 98.30 euros, Target/price gap: +10.6%. 4 analysts had raised their targets and 3 had lowered them, the latest movement dating from October 11.
Getlink: from "buy" to "hold" at Kepler Cheuvreux, with a target brought down from 21.40 to 19.75 euros. The median of the 9 targets is identical, at 19.75 euros: Target/price gap of +2.7%. One analyst had lowered its target on October 12.
Kepler Cheuvreux moves from "hold" to "buy" on Rexel, without adjusting the target, maintained at 40 euros. Median of 8 targets at 42 euros, Target/price gap: +27.2%. One analyst had raised its target on October 13.
From 24.10 to 26.10 euros at Catering International Services: Portzamparc, on "buy", raises its target. The median of the 2 targets comes to 25.10 euros, Target/price gap: +36.8%.
Aperam: JP Morgan, on "overweight", brings its target down from 57 to 55.50 euros. Median of 4 targets at 54.75 euros, Target/price gap: +43.6%. One analyst had lowered its target on October 5.
Finally, Airbus: RBC Capital, on "outperform", sets its target at 240 euros versus 250 euros previously. Median of 18 targets at 231 euros, Target/price gap: +20.2%.
