Price Targets: Developments for LVMH, STMicro, ASML...

Above Their Target:

Above their target: 1 value · Covered values: 63

Values above their target: BE SEMICONDUCTOR (-6.7%)

Largest gaps between target and current prices:
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%

LVMH: Berenberg maintains its 'hold' recommendation but lowers the target from 560 to 420 euros. The median of targets stands at 600 euros — gap targets / price: +21.9%.

From 2,600 to 1,850 euros at Hermès International: Berenberg reduces its target while maintaining its 'buy' recommendation. Consensus median at 2,100 euros, gap targets / price: +26.1%.

Kering: even Berenberg, which lowers the target from 190 to 175 euros and maintains 'sell'. An analyst had already lowered his target on June 2. The median comes out at 280 euros — the gap targets / price is further reduced: +9.7%.

Deutsche Bank significantly raises the target for STMicroelectronics from 52 to 75 euros and confirms its 'buy'. Two analysts had already raised their targets in the last 10 days, the last movement dating from June 10.

ASML Holding sees Goldman Sachs raise the target from 1,600 to 1,770 euros, 'buy' maintained. Four analysts had raised their targets in the last 10 days, the last adjustment dating from June 4. Consensus median at 1,568 euros, gap targets / price: +4.0%.

Goldman Sachs also raises ASM International from 895 to 955 euros ('buy' confirmed), while Barclays moves from 950 to 1,200 euros ('overweight'). The median of targets reaches 957.50 euros — gap targets / price: +7.0%.

BE Semiconductor: Goldman Sachs raises the target from 286 to 315 euros, 'buy' maintained. Consensus median at 268 euros, gap targets / price: -6.7%.

At Voltalia, Morgan Stanley downgrades to 'underweight' (from 'market weight') and lowers the target from 8 to 7 euros.

Alstom: Deutsche Bank maintains 'hold' but brings the target from 20 to 19 euros. An analyst had lowered his target on June 4.

Significantly reduced target for Nyxoah: Invest Securities maintains 'buy' but lowers the target from 8.50 to 5 euros.

Euronext: Rothschild & Co Redburn raises the target from 148 to 151 euros ('neutral'), Citi from 153 to 155 euros ('neutral' as well). An analyst had already raised his target on June 5.

Slight increases for Edenred: Jefferies adjusts from 22.20 to 22.40 euros, 'hold' confirmed.

Retail Estates: Oddo BHF initiates coverage at 'neutral' with a target at 76 euros. An analyst had raised his target on June 5.

Innelec Multimedia: Invest Securities starts tracking at 'neutral' with a target at 3.40 euros.