Analysts' views: developments for Soitec, LVMH, Orange...
Several target price adjustments on Friday on the Paris exchange. Soitec records two upgrades while LVMH and Orange see their targets lowered by Barclays and Morgan Stanley.
Above their target: 5 stocks · Covered stocks: 63
Stocks above their target: Ageas (-6.3%) · Eurofins Scientific (-5.9%) · BCP (-2.7%) · NN Group (-0.7%) · Galp Energia (-0.2%)
Largest target / price gaps:
Prosus — target 62.50 euros — target / price gap: +74.6%
EssilorLuxottica — target 237.00 euros — target / price gap: +67.6%
CSG — target 25.00 euros — target / price gap: +55.4%
Exor — target 109.00 euros — target / price gap: +52.7%
BE Semiconductor Industries — target 272.50 euros — target / price gap: +50.1%
Soitec: double target upgrade on Friday. Barclays upgrades its view from "market weight" to "overweight" and raises the target from 110 to 200 euros. CIC Market Solutions maintains its "buy" view and adjusts its target from 150 to 175 euros. 2 analysts had already raised their targets on September 16.
At Orange, Morgan Stanley downgrades the recommendation from "market weight" to "underweight" and lowers the target from 16.50 to 15 euros. Consensus median at 19.40 euros, target / price gap: +21.6%. One analyst had lowered its target on September 16, while 2 others had raised theirs over the period.
TotalEnergies: TD Cowen confirms its "buy" view and raises the target from 91 to 94 euros. 2 analysts had already raised their targets on September 16. Target / price gap: +5.8% for a median of 84.24 euros.
From 60 to 63 euros at Deutsche Bank, from 66 to 69 euros at Oddo BHF: Exosens records two target upgrades. The first broker maintains its "hold" recommendation, the second displays "outperform".
Teleperformance: BofA Securities confirms its "hold" view and adjusts the target from 66 to 68 euros. One analyst had raised its target on September 9.
CIC Market Solutions publishes several views on Friday: Vinci at "buy", target maintained at 141 euros (consensus median at 144 euros, target / price gap: +27.6%); Thales confirmed at "buy", target unchanged at 305 euros (median at 296 euros, target / price gap: +24.2%); Virbac maintained at "buy", 400 euros; TF1 held at "hold", 7.50 euros.
TFF Group: Kepler Cheuvreux maintains its "hold" recommendation but lowers the target from 15.50 to 14.50 euros. 2 analysts had lowered their targets on September 16.
Alphavalue adjusts two files: Wendel confirmed at "buy" but target reduced from 162 to 133 euros; Ipsen maintained at "accumulate", target raised from 197 to 204 euros (consensus median at 170 euros, target / price gap: +9.1%).
Mercialys: Oddo BHF maintains its "neutral" stance but lowers the target from 13 to 11.50 euros.
AXA: BofA Securities sets a target of 51 euros, the view remains "under review". Consensus median at 51 euros, target / price gap: +13.2%. One analyst had lowered its target on September 15.
Lagardère: Barclays maintains the target at 23.50 euros.
Actia Group: TP Icap Midcap displays a "buy" view, target set at 5 euros.
Miliboo: Greensome Finance maintains its "buy" recommendation and its target of 3.31 euros.
