Analysts' views: developments for Crédit Agricole, Alten, TotalEnergies...
Research desks are adjusting their valuations on several listed companies. The financial, real estate and technology sectors account for most of today's revisions.
Above their target: 5 values · SBF 120 values covered: 118
Values above their target: Eurofins Scientific (-17.6%) · Teleperformance (-11.3%) · Sodexo (-5.8%) · Rémy Cointreau (-0.6%) · bioMérieux (-0.4%)
Largest target / price gaps:
Genfit — target 19.70 euros — target / price gap: +110.7%
Atos — target 45.85 euros — target / price gap: +107.3%
Abivax — target 155.23 euros — target / price gap: +94.5%
Nanobiotix — target 52.08 euros — target / price gap: +90.4%
Valneva — target 4.74 euros — target / price gap: +77.5%
Crédit Agricole: Alphavalue downgrades its view from "buy" to "accumulate" and reduces the target from 25.60 to 21.90 euros. The median of 9 analysts stands at 21.90 euros — target / price gap: +21.7%.
Alten sees two divergent movements: Oddo BHF raises its target from 106 to 115 euros ("outperform" rating confirmed), while Alphavalue brings it back from 88.30 to 87.80 euros ("accumulate" unchanged). 2 analysts had already raised their targets on September 25. Median at 100 euros, target / price gap: +25.5%.
At Unibail-Rodamco-Westfield, Kepler Cheuvreux takes a stand: rating reduced from "buy" to "hold", target adjusted from 122 to 101 euros. The median of the consensus stands at 120 euros — target / price gap: +30.6%.
Klepierre: Kepler Cheuvreux upgrades its rating from "hold" to "buy" and raises the target from 40 to 41 euros. Median of 8 analysts at 40 euros, target / price gap: +8.9%.
From 22 to 19.40 euros at Carmila: Kepler Cheuvreux lowers its target while maintaining its "buy" rating. The median stands at 19.91 euros — target / price gap: +35.1%.
Mercialys undergoes a double adjustment: target reduced from 13.20 to 10.20 euros, rating not specified by Kepler Cheuvreux. One analyst had already lowered its target on September 25. Median at 11.84 euros, target / price gap: +18.8%.
Kepler Cheuvreux significantly raises the target for BAM: from 12.10 to 14.80 euros, "buy" rating confirmed.
Double increase for Galp Energia: Royal Bank of Canada raises its target from 22 to 25 euros ("buy" maintained) and HSBC from 20 to 23 euros ("hold" unchanged). Median of 15 analysts at 23 euros — target / price gap: +1%.
Deutsche Bank now values Société Générale at 89 euros versus 86 euros, "buy" rating reiterated. 4 analysts had raised and 5 lowered their targets on September 25. Consensus median at 85 euros, target / price gap: +19.8%.
Slight increase at DSM-Firmenich: Deutsche Bank adjusts the target from 106 to 107 euros, "buy" maintained. The consensus median stands at 93.75 euros. The median stands at 93.75 euros — target / price gap: -4.7%.
Publicis Groupe: BofA Securities sets the target at 118 euros (versus 113 euros), rating still "under review". Median at 118 euros, target / price gap: +20.7%.
BofA Securities sets the target for Magnum at 17 euros versus 16 euros, "hold" unchanged. Median of 7 analysts at 17 euros — target / price gap: +2.2%.
Berenberg revises L'Oréal upward: target raised from 442 to 447 euros, "buy" rating confirmed. One analyst had lowered its target on September 22. Median at 435 euros, target / price gap: +12.9%.
Sharp cut at Syensqo: Berenberg brings the target from 82 to 64 euros while maintaining its "hold" rating. Consensus median at 83 euros — target / price gap: +4.9%.
Airwell sees Greensome Finance upgrade its rating from "hold" to "buy" but lower the target from 1.59 to 1.34 euros. 2 analysts had lowered their targets on September 25. Median at 1.58 euros, target / price gap: +51.9%.
At Equasens, Greensome Finance maintains its "buy" rating and its target at 63.70 euros. Median of 4 analysts at 52 euros — target / price gap: +54.1%.
ABN AMRO Oddo displays a target of 8 euros for TomTom, "buy" rating.
KBC Securities sets Agfa-Gevaert at 0.80 euros.
Euroland Corporate is "buy" on Ateme, target 20.30 euros.
Oddo BHF significantly lowers Younited Financial: target reduced from 8 to 5.50 euros, "neutral" maintained. One analyst had already lowered its target on September 21.
Akzo Nobel crosses a threshold: Oddo BHF upgrades its rating from "neutral" to "outperform" and raises the target from 66 to 67 euros. Consensus median at 64 euros — target / price gap: +12.2%.
Goldman Sachs revises TotalEnergies upward: target raised from 82 to 87 euros, "market perform" rating unchanged. 5 analysts had raised their targets on September 25. Median of 16 analysts at 87 euros, target / price gap: +7.8%.
It is also Goldman Sachs that adjusts JCDecaux: target from 24.60 to 27.40 euros, "market perform" confirmed. Median at 28 euros — target / price gap: +11.1%.
Barclays lowers Ipsen from 155 to 145 euros while maintaining "underweight". One analyst had raised its target on September 22. Consensus median at 166.71 euros, target / price gap: +16.6%.
Edenred: Barclays raises the target from 22 to 26 euros, "market weight" rating reiterated. Median of 10 analysts at 33 euros — target / price gap: +19.3%.
Barclays upgrades Bureau Veritas: target raised from 31 to 32.20 euros, "buy" rating. One analyst had also raised its target on September 23. Median at 32 euros, target / price gap: +18.7%.
JP Morgan revises Dassault Aviation upward: target from 325 to 350 euros, "market weight" maintained. Median of 6 analysts at 350 euros — target / price gap: +18.6%.
ING Bank raises D'Ieteren Group from 237 to 263 euros, "buy" rating confirmed. Consensus median at 240 euros, target / price gap: +45.5%.
Ayvens undergoes a double correction: UBS downgrades its rating from "buy" to "hold" and brings the target from 12.90 to 10.50 euros. Median of 7 analysts at 12.88 euros — target / price gap: +29.2%.
UBS significantly raises ASML: target raised from 1,275 to 1,325 euros, "buy" maintained. Median at 1,200 euros, target / price gap: +42.3%.