Price targets: changes for TotalEnergies, Pernod, Airbus...
Several major French and European capitalizations are seeing their targets adjusted on Monday. Analysts are revising their objectives based on recent results, while mid-cap stocks are recording recommendation changes.
Above their target: 7 values · Covered values: 63
Values above their target: AGEAS (-6.4%) · DASSAULT SYSTEMES (-4.7%) · MICHELIN (-2.2%) · NN GROUP (-2.0%) · Coca-ColaEuropacif (-1.5%) · ASR NEDERLAND (-0.6%) · EUROFINS SCIENT. (0.0%)
Largest target/price gaps:
PROSUS — target 66.00 euros — target/price gap: +70.6%
ESSILORLUXOTTICA — target 250.00 euros — target/price gap: +54.9%
EXOR NV — target 109.00 euros — target/price gap: +49.5%
CSG — target 27.50 euros — target/price gap: +47.4%
ASML HOLDING — target 2,100.00 euros — target/price gap: +40.5%
TotalEnergies: CIC Market Solutions maintains its "hold" recommendation and target at 86.54 euros. The median of targets stands at 82.94 euros — target/price gap: +11.1%. One analyst had lowered its target on August 25.
Pernod Ricard faces a wave of downward revisions: CIC Market Solutions cuts its target from 72 to 68 euros (shift from "Neutral" to "hold"), Mediobanca from 88 to 80 euros ("market perform"), HSBC from 74 to 70 euros ("hold"). Seven analysts had already lowered their targets over the past 10 days, latest move on August 28. Consensus median at 82 euros, target/price gap: +29.8%.
From 85 to 72.50 euros at Montea: ING Wholesale lowers the target and maintains "hold", while Kempen moves to "buy" but cuts the target from 80 to 77 euros. Berenberg confirms its "buy" at 85 euros. One analyst had lowered its target on August 28.
Ageas: two upward revisions on the board. Berenberg raises the target from 86.30 to 90 euros ("buy"), Keefe Bruyette & Woods from 65.50 to 68 euros ("market perform"). One analyst had raised its target on August 28. Median of targets: 70 euros — target/price gap: -6.4%.
It is Berenberg that revises several files upward: CMB.Tech (from 14.90 to 17 euros, "buy"), NX Filtration (from 2.60 to 3.20 euros, "hold").
Argenx SE reaches a new level: Kepler Cheuvreux raises the target from 810 to 1,010 euros ("buy"). One analyst had already raised its target on August 28.
Kepler Cheuvreux also adjusts Coty (target from 1.80 to 2.40 euros, "hold") and V Lanschot Kempen (from 71.30 to 78.90 euros, "buy").
Gimv is subject to multiple initiations: Kepler Cheuvreux confirms "buy" at 53 euros, Bank Degroof Petercam and Degroof Petercam are at "hold" (54 euros), J.P. Morgan Cazenove starts at "sell" (51 euros), KBC Securities begins at "buy" (56 euros), ING at "hold" (42 euros).
Vinci: CIC Market Solutions maintains "buy" and target at 141 euros. Median at 144 euros, target/price gap: +25.9%. One analyst had lowered its target on August 25.
Engie: confirmation of "buy" at 30 euros at CIC Market Solutions. Consensus median at 31 euros — target/price gap: +26.5%.
Airbus: CIC Market Solutions maintains "buy" at 240 euros.
ING Wholesale revises two files: Fugro (target from 10 to 8.50 euros, "hold") and Nepi Rockcastle (from 7.50 to 9.20 euros, "buy").
Merlin Properties: Goldman Sachs maintains "buy" but cuts the target from 19.30 to 18.90 euros.
At Kinepolis Group, KBC Securities initiates at "buy" with a target of 58.50 euros, up from 48 euros.
Foncière Inea: Invest Securities starts at "buy" but lowers the target from 39.20 to 35.50 euros.
UMG: Deutsche Bank initiates at "buy" but revises the target from 29 to 26.50 euros. Median of targets at 20 euros, target/price gap: +34.7%.
Interparfums: TP Icap Midcap is at "hold" with a target of 30 euros, up from 27 euros. One analyst had raised its target on August 28.
Eiffage: AlphaValue/Baader Europe starts at "buy" but lowers the target from 176 to 165 euros. Two analysts had lowered their targets over the past 10 days, latest move on August 28.
Air Liquide: Mizuho Securities initiates coverage at "outperform" with a target at 200 euros. Consensus median at 200 euros — target/price gap: +17.8%.
