Price Targets: Developments for LVMH, Danone, Hermès...
Several brokers simultaneously adjust their target on Euronext, while Elior Group records downward revisions.
Above Their Target:
Above their target: 5 stocks · Stocks covered: 62
Stocks above their target: CARREFOUR (-7.2%) · NN GROUP (-4.1%) · AGEAS (-1.9%) · ORANGE (-0.7%) · KPN KON (-0.5%)
Largest target / price gaps:
CSG — target 34.00 euros — target / price gap: +81.8%
ESSILORLUXOTTICA — target 300.00 euros — target / price gap: +69.8%
EXOR NV — target 109.00 euros — target / price gap: +64.0%
PROSUS — target 66.00 euros — target / price gap: +61.7%
WOLTERS KLUWER — target 100.00 euros — target / price gap: +57.3%
Euronext: four firms raise their target after the latest results: UBS from 168 to 175 euros (maintain buy), Goldman Sachs from 143 to 153 euros (neutral), Mediobanca from 145 to 150 euros (neutral) and BNP Paribas Exane from 119 to 125 euros (maintain underperform).
From 62 to 79 euros at Savencia: Oddo BHF shifts from neutral to outperform, marking a strategic turn in the case.
Elior Group suffers a triple negative adjustment: Oddo BHF brings its target from 2.90 to 2.50 euros (underperform), TP Icap Midcap from 3.00 to 2.80 euros (hold) and Barclays from 2.60 to 2.40 euros (underweight), plus a new initiation by Kepler Cheuvreux at hold with a target of 2.90 euros.
Jefferies shifts Alfen from hold to buy, doubling the target from 9 to 18 euros. A signal of an anticipated turnaround for the stock?
LVMH: BNP Paribas Exane lowers from 560 to 550 euros (reiterated neutral). An analyst had raised their target against four decreases in the last ten days, the last movement dated May 19. Median consensus at 600 euros, the target / price gap tends to narrow, although it remains positive.
For Virbac, TP Icap Midcap moves to buy and slightly adjusts the target from 407 to 412 euros.
UCB sees Alphavalue raise its target from 226 to 256 euros (maintain reduce). Median targets at 299 euros — target / price gap: +25.3%.
Portzamparc evaluates Semco Technologies at strengthen with a target of 45 euros, against 43 euros previously.
Danone: Deutsche Bank downgrades to sell and sets the target at 59 euros, against 65 euros previously. Median consensus at 79 euros, target / price gap: +24.4%.
Goldman Sachs downgrades Eiffage from buy to neutral, establishing a new target at 148 euros. An analyst had raised their target against a drop on May 15.
Kering: ACM lowers from 266.35 to 253.29 euros (maintain underperform). An analyst had raised and another lowered in the last ten days, last movement on May 13. Median at 280 euros, target / price gap: +12.8%.
Same broker for Hermès International: target reduced from 2223 to 2152 euros (maintain outperform). Two analysts had also lowered their target in the last ten days, last movement on May 12. Median consensus at 2100 euros, target / price gap: +29.5%.
Alphavalue raises BE Semiconductor from 168 to 200 euros. Two analysts had raised their target on May 19. Median at 268 euros, target / price gap: +1.1%.
Eurazeo: Goldman Sachs lowers from 72 to 70 euros while maintaining buy.