Price target changes: TotalEnergies, Engie, Soitec, Air France...
Downward revisions dominate the session, from Kepler Cheuvreux to Exane BNP Paribas and Jefferies. A few target increases stand out at TotalEnergies and Air France-KLM.
Above their target: 11 stocks · SBF 120 stocks covered: 120
Stocks above their target: Eurofins Scientific (-15.9%) · Teleperformance (-10.3%) · Rémy Cointreau (-9.2%) · Icade (-8.9%) · Air France-KLM (-7.3%) · Métropole Télévision (-3.8%) · Dassault Systèmes (-3.4%) · Imerys (-2.4%) · Sodexo (-2.0%) · Michelin (-0.4%) · Ipsen (-0.3%)
From 9.80 to 8 euros at Brunel International: Kepler Cheuvreux maintains its buy rating and lowers its target, while ING, still at "hold", cuts it from 8 to 7.50 euros. Median target at 7.75 euros, target-to-price gap: +10.9%.
Still at "hold", Kepler Cheuvreux adjusts its target on Eurazeo from 60 to 55 euros. The median stands at 67 euros, a target-to-price gap of +33.9%.
At Ontex, Kepler Cheuvreux's target falls from 2.30 to 1 euro. An analyst had lowered its target on November 3. Median consensus at 2.25 euros, target-to-price gap: +46.5%.
Theon International: Kepler Cheuvreux, which remains at "hold", revises its target from 36 to 32 euros. An analyst had raised its target on November 2. The median stands at 38 euros, target-to-price gap: +41.2%.
A similar but more modest move for Ahold Delhaize: ING, still at "hold", lowers its target from 36 to 35 euros. Median target at 35 euros, target-to-price gap: -1.2%.
On Philips, Jefferies moves from "underperform" to "hold" and lowers its target from 28 to 25 euros. 3 analysts had raised their targets, the latest move dating from November 6. Median at 26 euros, target-to-price gap: -5.3%.
On the upside, TotalEnergies carries a "buy" rating at Jefferies, with its target raised from 90 to 92 euros. 2 analysts had raised their targets, the latest on November 9. The median target stands at 89.85 euros, target-to-price gap: +13.4%.
Jefferies again, on IMCD: the rating shifts from "buy" to "hold", and the target from 122 to 115 euros. An analyst had raised its target on November 6. Median at 112.50 euros, target-to-price gap: +8.6%.
Two brokers share coverage of Eramet: CIC Market Solutions, still at "hold", cuts its target by one euro (from 47 to 46 euros), while Exane BNP Paribas, at "neutral", lowers it from 55 to 37 euros. The median target stands at 48 euros, target-to-price gap: +31.1%.
At 16 euros, Goldman Sachs's target on Tikehau Capital accompanies a move from "neutral" to "sell". An analyst had lowered its target on November 2. Median at 18.50 euros, target-to-price gap: +12.4%.
Teleperformance: Morgan Stanley downgrades its rating from "equal-weight" to "underweight" and sets its target at 55 euros, down from 61 euros previously. Over the last 10 days, 2 analysts had raised and 3 lowered their targets, the latest move dating from November 10. Median at 64.50 euros, target-to-price gap: -10.3%.
At GTT, Morgan Stanley moves from "underweight" to "market weight", with a target of 184 euros. The median target is 238 euros, target-to-price gap: +26.9%.
JP Morgan's target of 190 euros on Soitec, down from 200 euros previously, comes with an "overweight" rating. An analyst had raised its target and another had lowered it, the latest move dating from November 4. Median at 150 euros, target-to-price gap: +40.3%.
HSBC, at "hold" on Engie, sets its target at 26.30 euros, compared with 27.20 euros before. An analyst had raised its target and another had lowered theirs, the latest move dating from November 9. Median at 29 euros, target-to-price gap: +16.6%.
From 65 to 63 euros at Arkema: the move comes from Bernstein, whose rating is "market perform". The median target stands at 62 euros, target-to-price gap: +5.4%.
Finally, Air France-KLM sees its target at Citi raised from 12.20 to 14.60 euros, with a "neutral" rating. 4 analysts had raised and another had lowered their targets, the latest move dating from November 9. Median at 13.50 euros, target-to-price gap: -7.3%.
