Price Targets: Developments for Danone, Orange, Bouygues...
This Wednesday, several brokers adjusted their targets. The revisions particularly concern the technology and consumer sectors.
Above their target: 1 value · Covered values: 63
Values above their target: BE SEMICONDUCTOR (-6.7%)
Largest gaps between target / price:
CSG — target 30.75 euros — gap target / price: +116.6%
ESSILORLUXOTTICA — target 300.00 euros — gap target / price: +66.9%
PROSUS — target 65.96 euros — gap target / price: +65.6%
EXOR NV — target 109.00 euros — gap target / price: +64.5%
ADYEN — target 1,325.00 euros — gap target / price: +61.0%
Danone: Grupo Santander steps up from neutral to outperform, raising the target from 81.90 to 85 euros. The median of targets stands at 79 euros — gap targets / price: +20.98%.
From 23.50 to 43.50 euros at Basic-Fit: UBS upgrades its recommendation from neutral to buy, marking a significant jump in the target.
STMicroelectronics sees Bank of America raise its target from 71 to 86 euros, maintaining its buy recommendation. An analyst had already raised the target on June 4.
It's Jefferies making a surprising adjustment for Soitec: the target leaps from 45 to 85 euros, while the recommendation shifts from hold to underperform. 3 analysts had raised their targets in the last 10 days, one had lowered it on June 9.
Solvay: Deutsche Bank cuts from sell to hold, simultaneously raising the target from 23.50 to 26 euros.
At Klépierre, Berenberg raises its target from 37.50 to 40 euros while confirming the buy. An analyst had raised his target on June 1.
Valeo sees TP Icap Midcap set a target of 13 euros with a hold recommendation, up from the previous 11 euros. A movement had been recorded on June 5.
It's a retreat for Viridien: Bernstein maintains its outperformance but brings the target from 163 to 130 euros.
Worldline: AlphaValue/Baader Europe confirms the buy while adjusting the target from 0.64 to 0.60 euro. An analyst had lowered his target on June 2.
Slight downward adjustment at Vivendi, where JP Morgan maintains its overweight but revises the target from 2.70 to 2.60 euros. An analyst had raised his target on June 1.
Rémy Cointreau: Alphavalue sets its recommendation to accumulate with a target reduced from 49.10 to 46.80 euros. 7 analysts had raised their targets in the last 10 days, 2 had lowered them; last movement on June 8.
Orange: CIC Market Solutions sets a target of 17.50 euros with a hold recommendation. The median of targets is at 18.50 euros; gap targets / price: +4.79%. An analyst had raised his target on June 8.
CIC Market Solutions maintains its positions on several files: Bouygues remains a buy with an unchanged target of 64 euros (consensus median at 59 euros, gap targets / price: +21.47%; 2 analysts had recently raised their targets, last movement on June 9); Stellantis confirmed at buy, stable target at 9 euros (one analyst had raised the target, another had lowered it, last movement on June 9); Renault also maintained at buy, target at 40 euros (movement recorded on June 5); Technip Energies keeps the buy and 47 euros target.
Three other files are the subject of analysts' attention: Biophytis noted with a buy at Invest Securities, target set at 0.06 euro; Cegedim is seen as a buy by TP Icap Midcap, target of 20 euros; Odiot with a buy at Alphavalue, target priced at 40 euros.
