Price Targets: Developments on Essilor, Air Liquide, AXA...
This Friday, seventeen European stocks are subject to price target revisions. The semiconductor sector sees several significant increases, while Air Liquide and EssilorLuxottica experience reductions.
Above Their Target:
Above their target: 5 stocks · Covered stocks: 63
Stocks above their target: BE SEMICONDUCTOR (-13.5%) · ASM INTERNATIONAL (-9.4%) · ASML HOLDING (-6.4%) · NN GROUP (-2.8%) · MICHELIN (-2.7%)
Largest gaps between target / price:
CSG — target 30.75 euros — gap target / price: +115.6%
WOLTERS KLUWER — target 99.00 euros — gap target / price: +70.1%
PROSUS — target 66.00 euros — gap target / price: +68.8%
CAPGEMINI — target 146.50 euros — gap target / price: +64.6%
EXOR NV — target 109.00 euros — gap target / price: +63.5%
BE Semiconductor: three firms raise their targets – UBS upgrades from 'under review' to 'buy' and raises its target from 280 to 370 euros, Oddo BHF adjusts from 375 to 400 euros (outperform confirmed), BofA Securities moves from 345 to 401 euros (buy maintained). 5 analysts had already raised their targets in the last 10 days, the last movement on June 15. Median consensus: 275 euros, gap targets / price: -13.47% (current price 317.8 euros).
ASML Holding sees BNP Paribas Exane exceed the 1,950 euros mark (from 1,550 euros, outperform reiterated) and New Street adjusts from 1,355 to 1,655 euros (neutral maintained). 2 analysts had raised their targets in 10 days, the last gesture on June 17. The median comes out at 1,568 euros — gap targets / price: -6.44% (price at 1,676 euros).
ASM International: BNP Paribas Exane jumps from 920 to 1,210 euros, JP Morgan from 930 to 1,174 euros (outperform and overweight respectively). 4 analysts had raised their targets in the last 10 days, the last movement on June 17. Median at 970 euros, gap targets / price: -9.39% (price 1,070.5 euros).
From 46.90 to 50 euros at AXA: Mediobanca maintains its outperform. An analyst had already raised his target on June 12. Median consensus: 47 euros, gap targets / price: +10.85% (price 42.4 euros).
Air France-KLM sees UBS raise the target from 10 to 13.50 euros while keeping a neutral recommendation.
Significant cut for Air Liquide: Alphavalue reduces its target from 208 to 194 euros (accumulate maintained), CIC Market Solutions confirms 200 euros as a buy. 6 analysts had lowered their targets in 10 days, the last movement on June 18. Median at 181.82 euros, gap targets / price: +8.79% (price 167.12 euros).
EssilorLuxottica: BofA Securities maintains buy but reduces the target from 330 to 237 euros. 2 analysts had lowered their targets in the last 10 days, the last gesture on June 17. The median consensus is set at 290 euros — gap targets / price: +63.29% (price 177.6 euros).
Aubay sees Invest Securities raise its target from 65 to 66.30 euros, buy reiterated. An analyst had raised his target on June 18.
It's Invest Securities that initiates the monitoring of ABL Diagnostics with a target at 8.70 euros. An analyst had published a target on June 17.
Klepierre: UBS adjusts from 30 to 31 euros while maintaining its 'sell' recommendation. 2 analysts had raised their targets in 10 days, the last movement on June 10.
At CIC Market Solutions, three cases confirmed as a buy: Vinci initiated at 141 euros (median consensus 144 euros, gap targets / price: +10.22%, price 130.65 euros), Publicis Groupe maintained at 110 euros (median 110 euros, gap targets / price: +23.32%, price 89.2 euros, a movement on June 15), Renault stable at 40 euros (an analyst had lowered his target on June 17), and Stellantis reconducted at 9 euros (an analyst had lowered his target on June 16).
VGP: ING Wholesale adjusts from 98 to 105 euros, buy maintained.
TP Icap Midcap initiates Afyren at 'buy' with a target of 4.80 euros, movement of June 18.
Mint sees Greensome Finance bring the target from 10 to 9.40 euros, buy reiterated.