Price targets: developments for Schneider Electric, Legrand, TotalEnergies...
Target raises dominate at Schneider Electric, Galp Energia and Euronext, while luxury, with LVMH, Hermès International and Kering, concentrates the downward revisions.
Above their target: 2 values · SBF 120 values covered: 119
Values above median analyst target: Eurofins Scientific (-2.4%) · Teleperformance (-1.0%)
Schneider Electric: five brokers adjust their targets. Barclays moves from 340 to 356 euros, HSBC from 340 to 350 euros, BNP Paribas Exane from 335 to 340 euros and Deutsche Bank from 320 to 325 euros, while CIC Market Solutions keeps 345 euros. Median target at 345 euros for 16 analysts — Target/price spread: +26.2%.
From 185 to 188 euros at Legrand: it is Barclays that raises its target. 5 analysts had raised their targets in the last 10 days, with the latest move dating from October 2. The median stands at 168 euros — Target/price spread: +19.4%.
At Heineken, Barclays sets its target at 95 euros, versus 93 euros previously. Median at 89.70 euros for 5 analysts; Target/price spread: +27.7%.
Galp Energia sees its targets rise at three firms: Barclays from 23 to 28 euros, BofA Securities from 23 to 24 euros, Bank of America from 22 to 24 euros. One analyst had raised its target on September 25. Median at 24 euros — Target/price spread: +8.7%.
Mixed movements on Jeronimo Martins: JB Capital rises from 25.10 to 25.50 euros, while Barclays moves from 22 to 20 euros, Barclays Capital from 21 to 20 euros and JP Morgan from 23 to 20.60 euros. The median stands at 22 euros (24 analysts), or a Target/price spread of +29.7%.
TotalEnergies: BofA Securities raises the target from 87 to 88 euros; CIC Market Solutions remains at 106.70 euros. 4 analysts had raised and 1 lowered their target in the last 10 days (latest move on October 1). Median at 88 euros — Target/price spread: +16.8%.
At Engie, BofA Securities is "under review" with a target of 32 euros. Median at 29.88 euros for 5 analysts; Target/price spread: +31.7%.
Same position for Veolia: BofA Securities is "under review" and maintains its target at 37 euros. Consensus stands at 39.07 euros — Target/price spread: +28.3%. Latest analyst move dated October 1.
EDP: BofA Securities moves from "buy" to "under review", with an unchanged target of 5.50 euros. Median at 5.30 euros (13 analysts) — Target/price spread: +10.9%.
Three brokers trim their targets on Kering: UBS from 285 to 224 euros ("hold"), RBC Capital from 280 to 260 euros ("sector perform") and Kepler Cheuvreux from 360 to 340 euros ("buy"). 8 analysts had already lowered their targets in the last 10 days, the latest on October 2. Median at 270 euros — Target/price spread: +30.6%.
From 18.50 to 16 euros at CTP: Kepler Cheuvreux lowers its target while remaining at "buy". Median at 18.10 euros for 6 analysts; Target/price spread: +42.7%.
Colruyt: Kepler Cheuvreux moves from "buy" to "hold", with targets successively displayed at 39 then 38 euros (versus 38 euros previously). One analyst adjusted its target on October 1. Median at 35.21 euros — Target/price spread: +5.8%.
Jump from 23 to 36 euros for Kepler Cheuvreux's target on Interparfums, with a rating upgraded from "hold" to "buy". The median target is 32.68 euros for 5 analysts — Target/price spread: +9.2%.
BNP Paribas Wealth Management adjusts two logistics real estate companies: Montea moves from 77 to 74 euros (median at 76 euros, Target/price spread: +24%), while VGP falls from 108 to 89 euros (median at 95.46 euros, Target/price spread: +48.7%). The rating remains "buy" in both cases.
At Drone Volt, Invest Securities brings its target down from 0.65 to 0.60 euro, maintaining "buy". Median at 0.70 euro (2 analysts) — Target/price spread: +144.8%.
Carvolix: Invest Securities moves from "neutral" to "hold", target from 6.80 to 6.70 euros. Median at 7.60 euros for 6 analysts; Target/price spread: +34.3%.
Saint-Gobain: Jefferies, remaining at "buy", brings the target down from 137 to 132.60 euros; CIC Market Solutions keeps 100 euros. 3 analysts had lowered their targets in the last 10 days (latest move on October 2). Median at 100 euros — Target/price spread: +50.5%.
From 170 to 190 euros: Jefferies significantly raises its target on Euronext and remains at "buy". One analyst also raised its own on October 1. Median at 171 euros (13 analysts), Target/price spread: +5.8%.
Three downward revisions on Danone: Jefferies from 62 to 60 euros ("underperform"), UBS from 95 to 93 euros ("buy") and Deutsche Bank from 61 to 59 euros ("hold"). Median target at 83 euros — Target/price spread: +42.6%.
Air Liquide: CIC Market Solutions maintains "buy" and a target of 200 euros. 1 analyst had lowered its target on October 1. Median at 197 euros — Target/price spread: +13.8%.
Three cuts at EssilorLuxottica: CIC Market Solutions from 250 to 210 euros, UBS from 282 to 247 euros, Deutsche Bank from 174 to 157 euros ("hold"). 5 analysts had already lowered their targets in the last 10 days, the latest on September 30. Median at 210 euros — Target/price spread: +44.9%.
UBS brings its target on LVMH down from 645 to 525 euros, maintaining "buy" rating. Median at 524 euros for 21 analysts; Target/price spread: +38.8%.
Same broker, sharper move on Hermès International: UBS moves from "hold" to "sell" and lowers the target from 1,695 to 1,168 euros. 5 analysts had lowered their targets in the last 10 days (latest move on October 1). Median at 1,600 euros — Target/price spread: +26.2%.
At Stif, Euroland Corporate is at "buy" with a target of 33.10 euros, versus 72.30 euros in the previous opinion. 1 analyst had lowered its target on October 2. Median at 32.06 euros (2 analysts) — Target/price spread: +68%.
Wendel: Euroland Corporate displays a "buy" rating for a target of 109 euros. Median at 113.70 euros for 5 analysts; Target/price spread: +46.9%. Latest analyst move on October 2.
From 56 to 64 euros for Vopak: KBC Securities raises its target, with a "buy" rating. 1 analyst had raised its target on September 28. Median at 61.36 euros — Target/price spread: +23.1%.
KBC Securities is at "hold" on Magnum, target 17 euros. 1 analyst had raised its target on September 29. Median at 17 euros (8 analysts) — Target/price spread: +10.5%.
Sogeclair: Greensome Finance maintains "buy" and a target of 37.90 euros. Only one analyst covers the stock; Target/price spread: +24.7%.
Goldman Sachs revises two files downward while maintaining "buy": Viridien moves from 118 to 113 euros (median at 141.02 euros, Target/price spread: +69.7%) and Bureau Veritas from 38.50 to 36.50 euros (median at 32.20 euros, Target/price spread: +22.1%; 2 analysts had raised their targets, latest move on September 29).
Alphavalue intervenes on two banks, with an "accumulate" rating: Société Générale moves from "reduce" to "accumulate" and its target from 77.80 to 76.30 euros (median at 85 euros, Target/price spread: +30.8%; 1 increase and 2 decreases in targets over 10 days), while BNP Paribas sees its target brought down from 122 to 101 euros (median at 119 euros, Target/price spread: +30.4%).
ArcelorMittal: Deutsche Bank is at "buy" with a target of 70 euros, versus 71 euros previously. 1 analyst had raised its target on September 29. Median at 70 euros — Target/price spread: +24.7%.
Finally, ID Logistics: TP Icap Midcap is at "buy", target raised from 502 to 506 euros. Median at 506.90 euros for 3 analysts; Target/price spread: +57.9%.