Price targets: Changes for ADP, Ferrovial, Société Générale...
Brokers adjusted their positions on 17 European securities on Wednesday. Deutsche Bank settled two matters while Alphavalue and UBS revised several sector targets.
Above their target: 6 securities · Covered securities: 64
Securities above their target: AGEAS (-5.7%) · DASSAULT SYSTEMES (-2.9%) · Coca-ColaEuropacif (-2.5%) · EUROFINS SCIENT. (-2.3%) · MICHELIN (-2.3%) · NN GROUP (-1.2%)
Largest target / price gaps:
PROSUS — target 66.00 euros — target / price gap: +73.5%
ESSILORLUXOTTICA — target 250.00 euros — target / price gap: +57.1%
EXOR NV — target 109.00 euros — target / price gap: +52.1%
CSG — target 27.50 euros — target / price gap: +46.9%
ASML HOLDING — target 2,100.00 euros — target / price gap: +39.9%
Paris Airport: Deutsche Bank upgraded its recommendation from "hold" to "buy" and raised the target from 110 to 130 euros.
From "buy" to "hold" for Argenx SE, still at Deutsche Bank, which nevertheless raised the target from 900 to 925 euros.
Ferrovial sees UBS downgrade its recommendation from "buy" to "hold" and reduce the target from 65 to 59 euros. An analyst had already adjusted its target on August 19.
Alphavalue lowered its target on Société Générale from 82.60 to 81.90 euros, maintaining "reduce". The median of targets stands at 88 euros — target / price gap: +17.3%. An analyst modified its view on August 21.
It is a clear increase at Ubisoft Entertainment: Alphavalue initiates "accumulate" with a target raised from 6.16 to 6.60 euros.
KBC: UBS raised the target from 132 to 137 euros, confirming "market perform". Consensus median at 133 euros, target / price gap: +0.08%.
Bernstein maintains "market perform" on EssilorLuxottica and raised the target from 185 to 200 euros. Median at 250 euros — target / price gap: +57.08%.
At CIC Market Solutions, three matters: Getlink SE maintains "buy" with target at 21 euros (an analyst raised its target on August 20); TotalEnergies remains "hold" at 86.54 euros (median at 82.28 euros, target / price gap: +8.69%); Schneider Electric maintains "buy" at 345 euros (median at 332.50 euros, target / price gap: +12.24%).
Syensqo: Kepler Cheuvreux maintains "sell" but adjusts the target from 58 to 66 euros.
KBC Securities significantly adjusted Wolters Kluwer, lowering the target from 154 to 98 euros while confirming "buy". Median at 90 euros — target / price gap: +29.5%.
Inventiva sees KBC Securities raise the target from 7 to 8 euros, maintaining "buy".
Target stable at 225 euros at BE Semiconductor for KBC Securities, which keeps "hold". Median at 275 euros, target / price gap: +38.05%.
Innelec Multimedia: Invest Securities moved from "neutral" to "hold" and lowered the target from 3.40 to 3.10 euros.
Landesbank Baden-Württemberg initiates "buy" on Vinci with a target adjusted from 155 to 150 euros. Consensus median at 144 euros — target / price gap: +20.4%.
Carvolix: Oddo BHF initiates coverage with "outperform" and a target set at 10.50 euros.