Price targets: developments for Unibail, ArcelorMittal, Renault...
Morgan Stanley, Barclays, Goldman Sachs and UBS are adjusting their positions this Monday. Commercial real estate, steel and automotive are among the updated files.
Above their target: 5 values · Covered values: 64
Values above their target: AGEAS (-3.1%) · DASSAULT SYSTEMES (-1.9%) · MICHELIN (-1.8%) · EUROFINS SCIENT. (-0.7%) · Coca-ColaEuropacif (-0.5%)
Largest target / price gaps:
ESSILORLUXOTTICA — target 250.00 euros — target / price gap: +53.2%
EXOR NV — target 109.00 euros — target / price gap: +53.1%
CSG — target 27.50 euros — target / price gap: +48.8%
ASML HOLDING — target 2,100.00 euros — target / price gap: +39.4%
Unibail-Rodamco-Westfield: dual movement — Barclays moves from "equal-weight" to "overweight" and raises the target from 115 to 120 euros; Goldman Sachs maintains "buy" but adjusts from 139 to 138 euros. The median of targets stands at 117.65 euros, representing a target / price gap of +14.17% compared to the current price of 103.05 euros.
From 33 to 39 euros at Klépierre: Barclays significantly raises its target while confirming its "equal-weight".
ArcelorMittal sees Morgan Stanley initiate coverage with an "overweight" recommendation and a target set at 70 euros.
It is also Morgan Stanley that revises Eutelsat Communications to "equal-weight", with the target declining from 2.70 to 2.40 euros.
Gecina: Barclays maintains "equal-weight" but lowers the target from 77 to 70 euros.
UBS confirms its "sell" on Renault and cuts the target from 28 to 26 euros.
Avantium draws divergent views: DeGroof Petercam downgrades from "buy" to "hold" (target 6 euros), ING recommends "buy" (7.03 euros), while Kepler Cheuvreux downgrades from "hold" to "sell" (5 euros).
