Price Targets: Developments for BNP Paribas, ADP, Eurofins...
Portzamparc initiates three coverages on mid-sized portfolios, while BofA Securities makes a series of revisions following a review. Today's adjustments affect both the banking sector and the Parisian airport operator as well as business services.
Above Their Target:
Above their target: 5 stocks · Covered stocks: 61
Stocks above their target: MICHELIN (-6.7%) · NN GROUP (-4.5%) · Coca-ColaEuropacif (-3.9%) · AGEAS (-1.6%) · EUROFINS SCIENT. (-0.7%)
Largest gaps between target and current price:
PROSUS — target 65.96 euros — gap: +65.0%
EXOR NV — target 109.00 euros — gap: +60.1%
ADYEN — target 1,300.00 euros — gap: +58.3%
CAPGEMINI — target 139.00 euros — gap: +51.8%
BNP Paribas: Oddo BHF raises the target from 105 to 115 euros, confirming its 'outperform' recommendation. Three analysts had raised their targets in the last 10 days, with the latest movement dated July 20.
From 135 to 140 euros for ADP: Barclays maintains 'overweight' and raises its target for the airport operator.
Eurofins Scientific sees its target jump from 48 to 60 euros at Jefferies, which still maintains 'underperform'. Median of targets at 70.60 euros; gap between targets / price: -0.7%.
Elis: BofA Securities concludes its review and sets the recommendation to 'hold', with a target at 28 euros. An analyst had lowered his target on July 15.
Also at BofA Securities, SPIE remains under review, but the target is set at 62 euros.
D'Ieteren Group: BofA Securities keeps the file under review and sets the target at 217 euros. An analyst had adjusted his target on July 20.
Three new coverages at Portzamparc: Maurel et Prom starts at 'strengthen', target 10 euros; Poujoulat also at 'strengthen', target 7.10 euros; Omer-Decugis & Cie starts at 'buy', target 10.50 euros.
Sergeferrari Group: TP Icap Midcap initiates coverage at 'buy', target set at 9.50 euros.
ING Wholesale adjusts three portfolios: Syensqo sees its target increase from 78 to 79 euros ('buy' recommendation confirmed); TomTom undergoes a cut from 5.50 to 4.50 euros ('hold' unchanged); Arcadis sees its target reduced from 45 to 42 euros ('buy' maintained).
