Price Targets: Changes for Crédit Agricole, Air Liquide, Arkema, and More
Several brokers adjust their targets this Friday. Significant increases for Nanobiotix and Nexans, while Elior Group faces three downward revisions in ten days.
Above Their Target:
Above their target: 4 values · Covered values: 62
Values above their target: CARREFOUR (-6.8%) · NN GROUP (-4.7%) · AGEAS (-1.9%) · BE SEMICONDUCTOR (-0.9%)
Largest gaps between target and current price:
CSG — target 34.00 euros — gap: +76.0%
ESSILORLUXOTTICA — target 300.00 euros — gap: +71.0%
PROSUS — target 66.00 euros — gap: +66.7%
EXOR NV — target 109.00 euros — gap: +62.9%
WOLTERS KLUWER — target 100.00 euros — gap: +58.7%
Nanobiotix: Jefferies maintains its buy recommendation and raises the target from 21.50 to 60 euros. Another analyst had already increased their target on May 18.
From 140 to 180 euros at Nexans: HSBC confirms its buy rating with a jump of +28.6% on the target. Another analyst had also raised their target on May 12.
Stellantis sees an analyst raise their target from 6.10 to 7.10 euros following the presentation of the new group strategy, while maintaining a neutral opinion. However, another analyst had lowered their target on May 14.
JP Morgan cuts in three cases: Solvay drops from 32 to 30 euros (overweight maintained, one analyst had lowered on May 20), DSM Firmenich falls from 70 to 60 euros (underweight confirmed), and Air Liquide goes from 185 to 175 euros with an unchanged neutral opinion. Simultaneously, Alphavalue raises its target from 208 to 209 euros and upgrades to "accumulate". Consensus median at 200 euros, gap between targets / price: +11.3%.
It's a downgrade for Arkema: JP Morgan switches from "market perform" to "underweight" and sets a target of 50 euros.
Elior Group undergoes a double adjustment: Alpha Value brings the target from 3.99 to 2.31 euros and downgrades from "buy" to "accumulate"; Deutsche Bank maintains "hold" but lowers from 3.20 to 2.50 euros. Three analysts had already lowered their targets in the last ten days, the latest movement being on May 21.
At Crédit Agricole, Barclays maintains its market weight but revises the target from 19.80 to 19.40 euros. An analyst had also lowered on May 12. Median of targets at 20 euros — gap between targets / price: +16.9%.