Price Targets: Developments for Kering, EssilorLuxottica, and More

Above Their Target:

Above their target: 8 values · Covered values: 63

Values above their target: NN GROUP (-5.3%) · MICHELIN (-2.7%) · SEGRO PLC (-2.6%) · BE SEMICONDUCTOR (-1.4%) · Coca-ColaEuropacif (-1.2%) · AGEAS (-0.8%) · ASML HOLDING (-0.7%) · CARREFOUR (-0.1%)

Largest gaps between target / price:
CSG — target 30.75 euros — gap target / price: +137.1%
WOLTERS KLUWER — target 99.00 euros — gap target / price: +74.1%
PROSUS — target 65.96 euros — gap target / price: +71.8%
CAPGEMINI — target 150.00 euros — gap target / price: +65.7%
ESSILORLUXOTTICA — target 270.00 euros — gap target / price: +65.1%

Technip Energies: JP Morgan changes its recommendation to 'overweight' with a target reduced from 49 to 44 euros. CIC Market Solutions reaffirms its buy advice at 47 euros.

From 335 to 305 euros at EssilorLuxottica: JP Morgan reduces its target while maintaining its overweight position. Three analysts had already lowered their targets in the last 10 days, the latest move dated June 29. The median of the targets is set at 270 euros — gap targets / price: +65.1%.

STMicroelectronics sees Morgan Stanley raise its target from 74 to 78 euros with an 'overweight' recommendation. Two analysts had raised their targets on June 29.

At Rexel, Jefferies moves to buy and slightly adjusts its target from 43.70 to 44.20 euros. Five analysts had raised their targets in the last 10 days, the latest move dated June 29.

L'Oréal: BNP Paribas Exane raises its target from 414 to 430 euros while maintaining a neutral opinion. Two analysts had raised and one analyst had lowered their targets in recent days, the latest move dated June 29. Median consensus at 419.50 euros, gap targets / price: +8.4%.

Three brokers comment on Kering: Oddo BHF lowers its target from 290 to 272 euros (neutral), HSBC raises it from 280 to 290 euros (hold), and Citi reduces it from 268 to 266 euros (neutral). One analyst had lowered their target on June 24. The median of the targets comes out at 280 euros — gap targets / price: +5.4%.

Danone: HSBC adjusts its target from 75 to 76 euros while maintaining its 'hold' recommendation. Two analysts had raised and one analyst had lowered their targets in the last 10 days, the latest move dated June 29. Median at 79.50 euros, gap targets / price: +10.4%.

Goldman Sachs raises two targets: BE Semiconductor from 315 to 318 euros (buy) — an analyst had already raised their target on June 26; median consensus at 275 euros, gap targets / price: -1.4% — and Akzo Nobel from 53 to 60 euros (neutral), after a raise on June 22.

CIC Market Solutions confirms its buy ratings on Schneider Electric at 300 euros (three analysts had raised their targets on June 29; median at 310 euros, gap targets / price: +11.5%), Safran at 355 euros (median at 340.20 euros, gap targets / price: +1.1%), Spie at 55 euros (an analyst had raised their target on June 26) and Forvia at 14 euros.

Scor SE: BofA Securities raises its target from 35 to 36 euros while keeping the stock 'under review'.