Price Targets: Developments for LVMH, Capgemini, BNP...
This Thursday, about fifteen cases are subject to revisions of targets or recommendations. Adjustments concern sectors including luxury goods, technology, real estate, hospitality, and IT services.
Above Their Target:
Above their target: 5 stocks · Covered stocks: 63
Stocks above their target: BE SEMICONDUCTOR (-6.1%) · NN GROUP (-5.1%) · MICHELIN (-3.2%) · SEGRO PLC (-1.9%) · AGEAS (-1.3%)
Largest gaps between target and current price:
CSG — target price 30.75 euros — gap: +140.5%
WOLTERS KLUWER — target price 99.00 euros — gap: +76.0%
PROSUS — target price 66.25 euros — gap: +72.4%
CAPGEMINI — target price 150.00 euros — gap: +68.5%
EXOR NV — target price 109.00 euros — gap: +67.2%
LVMH: Citi maintains its buy recommendation and slightly lowers the target from 606 to 604 euros. An analyst had already reduced their target on June 23. Median target at 591.50 euros — gap: +19.98%.
L'Oréal sees Citi raise its target from 375 to 435 euros while maintaining its buy recommendation. An analyst had, however, lowered their target on June 23. The median consensus stands at 417 euros, a gap of +7.85%.
From 115 to 95 euros at Capgemini: Jefferies lowers its target while maintaining its 'hold' recommendation. Two analysts had already reduced their targets in the past 10 days, the latest movement dated June 24. Median at 150 euros — gap: +68.54%.
Dassault Systèmes: Jefferies reduces the target from 15 to 13 euros and confirms its 'underperform' recommendation. The median consensus is at 21.38 euros, a gap of +22.92%.
BofA Securities raises the target for BNP Paribas from 110 to 128 euros, reiterating its buy recommendation.
Accor: Barclays raises the target from 53 to 62 euros and maintains its 'overweight' recommendation. Two analysts had raised their targets in the past 10 days, the latest movement dated June 23.
At OVH, Oddo BHF raises the target from 8.50 to 13 euros while maintaining its neutrality.
Airwell: Alphavalue shifts from 'reduce' to 'accumulate' and raises its target from 61.60 to 64.40 euros.
Three adjustments: at Berenberg, Vusion sees its target reduced from 250 to 220 euros (buy confirmed) and Exail Technologies moves from 165 to 145 euros (buy maintained), an analyst had already lowered their target on June 23; at UBS, Trigano is adjusted from 193 to 187 euros, buy reiterated.
Ubisoft Entertainment: CIC Market Solutions initiates coverage with a 'neutral' recommendation and a target at 5.40 euros.
Deutsche Bank adjusts two real estate stocks: Klépierre sees its target move from 33 to 34 euros (hold confirmed) - an analyst had raised their target on June 19; Gecina is reduced from 96 to 90 euros (buy maintained) — an analyst had, however, raised their target on June 22.
Adyen: ING Wholesale maintains its buy but lowers the target from 1,550 to 1,500 euros. Median consensus at 1,300 euros — gap: +54.03%.
