Price Targets: Developments for Stocks like Orange, Air Liquide, Carrefour...
This Thursday sees price targets adjusted for about a dozen stocks. Analysts are recalibrating their forecasts for several major and small-cap French companies.
Above Their Target:
Above their target: 5 stocks · Covered stocks: 63
Stocks above their target: BE SEMICONDUCTOR (-11.3%) · ASM INTERNATIONAL (-7.3%) · ASML HOLDING (-5.3%) · NN GROUP (-3.1%) · MICHELIN (-2.5%)
Largest target/price discrepancies:
CSG — target 30.75 euros — discrepancy target/price: +108.9%
PROSUS — target 66.00 euros — discrepancy target/price: +68.3%
ESSILORLUXOTTICA — target 290.00 euros — discrepancy target/price: +66.0%
WOLTERS KLUWER — target 99.00 euros — discrepancy target/price: +65.6%
EXOR NV — target 109.00 euros — discrepancy target/price: +64.9%
Worldline: UBS maintains its sell rating but boosts the target from 0.20 to 8.00 euros. An analyst had lowered their target on June 15, another had raised it in the last 10 days.
At SCOR SE, double intervention: BNP Paribas Exane switches from "outperform" to "market perform" with a target at 33.00 euros; MedioBanca starts coverage with a "neutral" rating and sets the target at 36.00 euros.
RIBER: TP Icap Midcap initiates coverage with a "sell" rating and sets the target at 10.00 euros, up from its previous level of 6.00 euros.
Initiation of a buy rating on AFYREN by TP Icap Midcap, target set at 4.80 euros.
Deutsche Bank strikes on Orange: confirmation of the buy rating, target raised from 18.50 to 20.50 euros. Two analysts had already raised their targets in the last 10 days, the latest move being on June 17. Median of targets: 19.20 euros — discrepancy targets/price: +13.4%.
Slowdown at AIR LIQUIDE: Deutsche Bank lowers the target from 205.00 to 190.00 euros; Equita SIM confirms its buy rating but reduces the target from 200.00 to 182.00 euros. An analyst had raised their target recently, while 4 had lowered it in the last 10 days (last movement: June 16). The median is at 181.82 euros, discrepancy targets/price: +8.9%.
EKINOPS: Oddo BHF remains "neutral" but adjusts the target from 2.50 to 3.00 euros.
At AUBAY, Oddo BHF maintains "outperform" and slightly raises the target from 67.00 to 68.00 euros. An analyst had modified their target on June 9.
Kepler Cheuvreux initiates AIRBUS with a buy rating, target set at 212.00 euros. A movement had been recorded on June 10.
JP Morgan starts coverage of CARREFOUR with an "underweight" rating, target set at 9.00 euros.
Initiation of a buy rating for BILENDI: Euroland Corporate sets the target at 26.40 euros.
CIC Market Solutions starts coverage of ESSILORLUXOTTICA with a "buy" rating, target at 270.00 euros. Two analysts had lowered their targets in the last 10 days (last: June 15). Median of targets at 290.00 euros — discrepancy targets/price: +65.9%.
RENAULT: CIC Market Solutions confirms its buy rating and maintains the target at 40.00 euros. An analyst had lowered their target on June 15.
CIC Market Solutions also initiates AB INBEV with a buy rating, target set at 90.13 euros. Consensus median at 79.67 euros, discrepancy targets/price: +12.8%.
