Price targets: developments for TotalEnergies, AXA, BNP...
CIC Market Solutions adjusts its positions on several CAC40 stocks, while Morgan Stanley downgrades TotalEnergies. Analysts are substantially raising their price targets on AXA, and BofA Securities significantly increases its ambition on Amundi.
Above their price target: 9 values · Covered values: 63
Values above their price target: AGEAS (-5.6%) · NN GROUP (-3.2%) · ASR NEDERLAND (-3.0%) · MICHELIN (-2.4%) · DASSAULT SYSTEMES (-2.1%) · Coca-ColaEuropacif (-1.9%) · EUROFINS SCIENT. (-1.5%) · AMUNDI (-1.0%) · KBC (-0.5%)
Largest target/price gaps:
PROSUS — price target 65.91 euros — target/price gap: +78.7%
CSG — price target 27.50 euros — target/price gap: +61.5%
ESSILORLUXOTTICA — price target 244.00 euros — target/price gap: +59.5%
EXOR NV — price target 109.00 euros — target/price gap: +48.3%
ASML HOLDING — price target 2,100.00 euros — target/price gap: +47.5%
TotalEnergies: Morgan Stanley downgraded its rating from "overweight" to "equal-weight" and raised the price target from 77 to 78 euros. CIC Market Solutions maintains "hold" at 86.54 euros. Target/price gap: +5.9% (median at 82.60 euros).
BNP Paribas: CIC Market Solutions issued a "buy" rating with a 122 euro price target. The median of price targets stands at 117.31 euros — target/price gap: +12.7%.
From 110 to 120 euros for Publicis: CIC Market Solutions raised the price target while maintaining "buy". Consensus median at 111.50 euros, target/price gap: +7.5%.
Getlink: CIC Market Solutions reiterates "buy" at 21 euros.
A shift in stance for Nexans: CIC Market Solutions upgraded from "hold" to "buy" and raised the price target from 164 to 170 euros. An analyst had already raised the target on September 1st.
Triodos Bank: Kepler Cheuvreux confirms "buy" and raised the price target from 45.60 to 52.30 euros.
Sharp revision for Amundi: BofA Securities maintains "buy" but raised the price target from 97 to 110 euros. The median price target stands at 96 euros — target/price gap: -1%.
Van Lanschot Kempen: ING Wholesale reiterates "buy" and raised the price target from 64 to 74 euros. An analyst had raised the target on August 28th.
Syensqo: KBC Securities upgraded its rating from "hold" to "buy", price target stable at 83 euros. An analyst had raised the target on August 25th.
Nyxoah: Invest Securities maintains "buy" and adjusted the price target from 4.70 to 5 euros.
Triple downward revisions on Voltalia: Invest Securities cut the price target from 11.20 to 10.60 euros ("buy"), TP Icap Midcap lowered from 9 to 6.90 euros ("hold"), Oddo BHF reduced from 7.80 to 6.70 euros ("neutral").
Sharp cut for Dontnod: TP Icap Midcap halved the price target from 2 to 1 euro, "hold" rating.
Vivendi: Oddo BHF issued a price target of 2.20 euros, "neutral" rating.
Vinci: Alphavalue lowered the price target from 178 to 161 euros while maintaining "buy". An analyst had reduced the target on August 28th. Median price target at 144 euros — target/price gap: +27.3%.
At Accor, Morgan Stanley upgraded its rating from "equal-weight" to "overweight", price target 55 euros.
Soitec: HSBC maintains "hold" and raised the price target from 137 to 149 euros. An analyst had raised the target on September 3rd.
Sodexo: Barclays reiterates "equal-weight" and raised the price target from 46 to 54 euros.
Triple upward revision on AXA: Barclays adjusted from 47.50 to 48 euros ("overweight"), RBC Capital from 52 to 54 euros ("outperform"), JP Morgan from 50 to 52 euros ("overweight"). 4 analysts had already raised their targets over the past 10 days, latest move on September 3rd. Consensus median at 50 euros — target/price gap: +13.1%.
At GTT, Berenberg took the step: upgrade from "hold" to "buy" and price target raised from 190 to 245 euros.
Ayvens: UBS maintains "buy" but lowered the price target from 13.40 to 12.90 euros. An analyst had cut the target on August 31st.
ArcelorMittal: Deutsche Bank reiterates "buy" and raised the price target from 66 to 71 euros.
Aperam: Deutsche Bank confirms "buy" and adjusted the price target from 65 to 66 euros.