Price targets: Changes for Bouygues, Air Liquide, Dassault...
Barclays adjusts several positions downward this Thursday while BofA Securities upgrades Dassault Aviation to buy. Revisions affect both technology and industry as well as hospitality sectors, with target-to-price gaps often remaining elevated.
Above their target: 4 stocks · SBF 120 covered stocks: 119
Stocks above their target: Sodexo (-2.2%) · Teleperformance (-1.5%) · Eurofins Scientific (-1.4%) · Rémy Cointreau (-0.9%)
Largest target/price gaps:
Inventiva — target 8.33 euros — target/price gap: +184.3%
Atos — target 45.85 euros — target/price gap: +122.1%
Genfit — target 19.70 euros — target/price gap: +106.7%
Nanobiotix — target 52.08 euros — target/price gap: +99.5%
Abivax — target 155.23 euros — target/price gap: +82.4%
Capgemini: Barclays maintains "overweight" but lowers target from 135 to 130 euros. An analyst had already lowered its target on September 28. Target/price gap: +29.7% (median at 132 euros).
Bouygues: dual view of the day. Barclays reduces its target from 54 to 52 euros, while Berenberg shows "buy" with a target of 55 euros. An analyst had raised its target on September 22. Consensus median stands at 55 euros — target/price gap: +34.4%.
At Accor, Barclays makes a limited cut: from 55 to 54 euros, while maintaining "overweight". Target/price gap: +21.4% (median 54 euros).
DSM-Firmenich sees its target climb: Barclays raises it from 92 to 98 euros. An analyst had already raised its target on September 25. Target/price gap slightly negative: -1.9% (median at 95.03 euros).
Magnum: Barclays shows a target of 16 euros. An analyst had raised its target on September 25. Consensus median at 17 euros, target/price gap: +11%.
For Ageas, it is Berenberg that adjusts: from 90 to 95 euros, "buy" rating reiterated. An analyst had raised its target on September 28. Modest target/price gap: +2.8% (median 75 euros).
Semco Technologies receives two identical "buy" ratings: Berenberg and Bernstein both show a target of 68 euros. An analyst had adjusted its target on September 23. Target/price gap: +30.1% (median at 63.94 euros).
On Air Liquide, BofA Securities retreats from 200 to 195 euros while maintaining "buy"; CIC Market Solutions remains at 200 euros, also buy. An analyst had raised its target on September 23. Median at 197 euros, target/price gap: +17%.
Legrand: BofA Securities maintains "sell" but raises target from 139 to 140 euros. 7 analysts had raised their targets in the last 10 days (latest move on September 30). Target/price gap: +18.6% (median at 168 euros).
It is a sharp increase for Dassault Aviation: BofA Securities upgrades from "hold" to "buy" and raises target from 345 to 360 euros. 2 analysts had already raised their targets in the last 10 days (latest move on September 29). Target/price gap: +27.1% (median 360 euros).
Universal Music Group: BofA Securities maintains "sell" but lowers target from 16 to 14 euros. Target/price gap: +26.9% (median at 18 euros).
For Aedifica, ING Wholesale maintains "buy" but reduces target from 88 to 83 euros. Target/price gap: +28.6% (median at 80.40 euros).
Sanofi: CIC Market Solutions confirms "buy" and maintains 92 euros. An analyst had adjusted its target on September 25. Median at 92 euros, target/price gap: +25.8%.
At Veolia, CIC Market Solutions reiterates "buy" at 40 euros. Target/price gap: +29.6% (median at 39.18 euros).
Air France-KLM: CIC Market Solutions maintains "hold" at 13 euros. Weak target/price gap: +3.9% (median at 12 euros).
On Vicat, CIC Market Solutions reiterates "buy" at 81 euros. An analyst had adjusted its target on September 30. Significant target/price gap: +56.1% (median at 90.21 euros).
Floridienne: KBC Securities shows a target of 71 euros. Target/price gap: +21.4% (median 71 euros, 1 analyst).
KBC Securities also sets a target of 38 euros on Colruyt, "hold" rating. Target/price gap: +6.5% (median at 38.35 euros).
Waga Energy: Invest Securities reiterates "buy" at 28 euros. Target/price gap: +29% (median 30 euros).
Dual view for Kaufman et Broad: Invest Securities maintains "buy" at 34 euros, while Oddo BHF moves to "neutral" and lowers target from 35 to 28 euros. Target/price gap: +69% (median at 33.30 euros).
Constructeurs Bois: Greensome Finance reiterates "hold" at 2.33 euros.
MBWS: Oddo BHF maintains "neutral" but reduces target from 2.80 to 2.60 euros. Target/price gap: +7.3% (median at 2.80 euros).
From 162 to 169 euros at Euronext: Goldman Sachs raises target while maintaining "neutral". An analyst had adjusted its target on September 30. Target/price gap: +6.8% (median 169 euros).
Tikehau Capital suffers two cuts: Goldman Sachs reduces target from 19.80 to 19.40 euros ("neutral"), BNP Paribas Exane from 17 to 16.50 euros ("neutral" as well). Target/price gap: +39.6% (median at 22 euros).
For Sartorius Stedim Biotech, Goldman Sachs shows "buy" and raises target from 208 to 223 euros. An analyst had raised its target on September 30. Median at 240 euros, target/price gap: +13.2%.
Amundi: Goldman Sachs moves to "buy" and raises target from 97 to 104 euros. Target/price gap: +15.4% (median at 102.50 euros).
At Vallourec, Jefferies maintains "buy" but reduces target from 27 to 25 euros. An analyst had lowered its target on September 24. Target/price gap: +50.7% (median at 27.30 euros).
TotalEnergies sees its target climb: Rothschild & Co Redburn moves from 92 to 97 euros, "buy" rating. 6 analysts had raised their targets in the last 10 days (latest move on September 29). Median at 87 euros, target/price gap: +16.9%.
Hermès International: Rothschild & Co Redburn shows "neutral" with a target of 1,410 euros. However, 10 analysts had lowered their targets in the last 10 days (latest move on September 30). Target/price gap: +26.3% (median at 1,660 euros).
On Arkema, Bernstein shows "market perform" and lowers target from 67 to 65 euros. Target/price gap: +13.4% (median at 62 euros).
SEB: Alphavalue moves to "accumulate" and raises target from 70.10 to 71.50 euros. Target/price gap: +25.6% (median at 69.54 euros).
Roche Bobois: IDMidcaps shows "reduce" with a target of 18 euros. Target/price gap: +15.8% (median at 20.32 euros).
It is a slight increase for Lacroix Group: Portzamparc raises target from 24 to 24.60 euros, "buy" rating. Target/price gap: +32.6% (median at 24 euros).
Delfingen: TP Icap Midcap shows "buy" with a target of 63 euros. Target/price gap: +56% (median at 50.07 euros).
