Price Targets: Developments on LVMH, TotalEnergies, Hermès...
A day marked by divergent adjustments: luxury concentrates several downward revisions while energy and insurance record increases. Analysts are refining their targets on more than twenty European stocks.
Above their target: 3 values · Covered values: 64
Values above their target: Eurofins Scientific (-5.4%) · Ageas (-5.1%) · BCP (-0.5%)
Largest target / price gaps:
Prosus — target 62.50 euros — target / price gap: +74.3%
EssilorLuxottica — target 237.00 euros — target / price gap: +70.5%
CSG — target 25.00 euros — target / price gap: +62.0%
Exor — target 109.00 euros — target / price gap: +59.1%
Adyen — target 1,320.00 euros — target / price gap: +50.2%
Randstad: Barclays raises its target from 21 to 24 euros. No recent movement identified in the last 10 days.
Kepler Cheuvreux adjusts four positions. LVMH: target reduced from 580 to 500 euros, "buy" recommendation confirmed. 7 analysts had lowered their targets over the last 10 days (last movement on September 17). Target / price gap: +41.88% (median at 571.50 euros). Safran: from 385 to 375 euros, "buy" recommendation maintained. One analyst had raised his target on September 11. Consensus median at 389 euros, target / price gap: +20.43%. EssilorLuxottica: sharp fall from 244 to 135 euros. Target / price gap: +70.50% (median at 237 euros). Thales: target revised from 320 to 295 euros, "buy" reiterated. One movement recorded on September 18. Median at 295 euros, target / price gap: +23.85%.
At Orange, Kepler Cheuvreux slightly raises: from 20.20 to 20.40 euros, "buy" recommendation. One analyst had raised his target and another had lowered it on September 18. Target / price gap: +29.08% (median at 19.40 euros).
Worldline: Invest Securities moves from "neutral" to "hold", stable target at 13 euros. One analyst had raised his target on September 16.
Derichebourg: Invest Securities reiterates its "buy" and target of 11.30 euros. One analyst had raised his target on September 14.
For Galp Energia, Alantra increases from 23.30 to 25.70 euros, "buy" maintained. One analyst had raised his target on September 16. Median at 22 euros, target / price gap: +0.50%.
REN: JP Morgan, on "hold", raises its target from 2.70 to 3.30 euros.
Alstom: BofA Securities displays a target of 17 euros, "hold" opinion.
On Coca-Cola Europacific Partners, ING Wholesale decides on "hold" (versus "buy" previously), stable target at 87 euros. Consensus median at 7,869.55, target / price gap: +5.00%.
Bio-UV Group: Euroland Corporate is on "buy", target 2.50 euros.
Two upward revisions on TotalEnergies. CIC Market Solutions moves from "hold" to "buy" and boosts its target from 86.54 to 106.60 euros. UBS raises from 86 to 88 euros, "buy" confirmed. 2 analysts had raised their targets on September 18. Median at 84.21 euros, target / price gap: +6.16%.
Vinci: CIC Market Solutions maintains "buy" and target at 141 euros. One movement recorded on September 18. Consensus median at 144 euros, target / price gap: +29.96%.
CIC Market Solutions is on "hold" for Société Générale, target 77 euros. One analyst had raised his target on September 15. Median at 88 euros, target / price gap: +21.23%.
TechnipEnergies: CIC Market Solutions reiterates "buy" and 39 euros. One analyst had lowered his target on September 17.
At Vallourec, Oddo BHF is on "outperform", target adjusted from 28 to 27.30 euros. One movement recorded on September 16.
Oddo BHF places Legrand on "neutral", target raised from 146 to 150 euros. Median at 168.50 euros, target / price gap: +24.08%.
Two opinions on Kering. Oddo BHF: "neutral", target raised from 255 to 272 euros. BNP Paribas Exane: "neutral", target lowered from 285 to 280 euros. One analyst had lowered his target on September 11. Median at 285 euros, target / price gap: +22.32%.
Cuts on Hermès International. Oddo BHF: "neutral", from 1,627 to 1,470 euros. Bernstein: "outperform", from 2,150 to 1,750 euros. 2 analysts had lowered their targets on September 15. Consensus median at 1,817.50 euros, target / price gap: +36.50%.
Stellantis: Evercore ISI displays "market perform", target reduced from 7 to 5.50 euros. 2 analysts had lowered their targets on September 16.
For LNA Santé, Portzamparc is on "strong buy", target adjusted from 40.60 to 39.40 euros. One movement recorded on September 17.
Divergence on Akwel. Portzamparc: "buy", target raised from 9.80 to 10.90 euros. TP Icap Midcap: "hold", target lowered from 7 to 6.50 euros.
Double increase for AXA. Goldman Sachs: "buy", from 48.50 to 50 euros. Autonomous Research: "outperform", from 45.50 to 50 euros. One movement recorded on September 17. Median at 51 euros, target / price gap: +14.02%.
