Price Targets: Updates on TotalEnergies, Stellantis, Schneider...
Research offices are adjusting their valuations on several large caps. The energy, automotive, and electrical equipment sectors are the focus of most revisions.
Above Their Target:
Above their target: 6 values · Covered values: 62
Values above their target: MICHELIN (-6.4%) · NN GROUP (-5.4%) · Coca-ColaEuropacif (-5.3%) · AGEAS (-2.7%) · IPSEN (-0.6%) · SAFRAN (-0.4%)
Largest gaps between target and current price:
CSG — target 30.75 euros — gap: +112.9%
PROSUS — target 65.96 euros — gap: +76.7%
WOLTERS KLUWER — target 94.50 euros — gap: +64.1%
CAPGEMINI — target 150.00 euros — gap: +63.8%
EXOR NV — target 109.00 euros — gap: +59.6%
OSE Immuno: Portzamparc initiates coverage with a buy rating and a target set at 8.60 euros.
From 5.50 to 6.00 euros at OVH: Goldman Sachs raises its target while maintaining its sell recommendation. 2 analysts had raised their targets in the last 10 days.
Publicis Groupe gains 2 euros in valuation from Goldman Sachs, which raises the target from 110.00 to 112.00 euros and confirms its buy rating. Consensus median at 110.00 euros — gap: +29.8%.
A downward revision for TotalEnergies: UBS maintains its buy rating but reduces the target from 89.00 to 83.00 euros. 2 analysts had already lowered their targets in the last 10 days, the last movement dating from July 2. The median is 87.36 euros, gap: +30.6%.
Stellantis NV: HSBC downgrades from 'hold' to 'reduce' and drastically lowers its target from 5.50 to 4.00 euros. An analyst had modified their target on June 26.
Deutsche Bank and BofA Securities simultaneously revise their targets on Sodexo: the former initiates at 'hold' with a target at 53.00 euros (previously 50.00), the latter maintains its neutrality but raises the target from 50.00 to 52.00 euros. 2 analysts had raised their targets on June 26.
Michelin: Deutsche Bank raises its target from 34.00 to 36.00 euros and confirms its buy rating; CIC Market Solutions maintains its buy recommendation and target at 35.00 euros. Consensus median at 32.50 euros — gap: -6.4%. An analyst had adjusted their target on June 26.
The Danone file is enhanced by Deutsche Bank, which raises the target from 59.00 to 63.00 euros while maintaining its sell recommendation. 2 analysts had raised their targets in the last 10 days, 1 had lowered it, the last movement dating from June 30. Median at 79.50 euros, gap: +7.5%.
RBC Capital makes a move on Schneider Electric: target raised from 290.00 to 320.00 euros, outperform recommendation maintained. 4 analysts had raised their targets in the last 10 days, the last movement dating from July 1. The median is established at 310.00 euros — gap: +12.4%.
Legrand: RBC Capital adjusts the target from 140.00 to 150.00 euros and confirms its market perform recommendation. 3 analysts had raised their targets on June 26. Consensus median at 160.00 euros, gap: +13.4%.
CIC Market Solutions reiterates for Air Liquide its buy recommendation and target at 200.00 euros. An analyst had raised their target on July 1. Median at 182.27 euros — gap: +1.3%.
Saint Gobain: CIC Market Solutions initiates coverage with a buy rating and a target set at 100.00 euros. An analyst had adjusted their target on July 2. Consensus median at 100.00 euros, gap: +25.2%.
No change at CIC Market Solutions on Kering: buy rating and target maintained at 340.00 euros. 2 analysts had raised their targets in the last 10 days, 3 had lowered them, the last movement dating from July 2. Median at 280.00 euros — gap: +10.9%.
Morgan Stanley makes a paradoxical move on Galp Energia-Nom: upgrading from market weight to overweight, but lowering the target from 24.00 to 22.00 euros. An analyst had reduced their target on June 23. Median at 21.85 euros, gap: +16.8%.
Euronext: BNP Paribas Exane raises the target from 125.00 to 128.00 euros while maintaining its underperform recommendation.
Jefferies adjusts Arkema downwards, reducing the target from 54.00 to 50.00 euros with a hold recommendation. 2 analysts had raised their targets on July 1.
Nexans undergoes a slight cut at BofA Securities: target reduced from 160.00 to 155.00 euros, hold recommendation maintained. 2 analysts had raised their targets in the last 10 days, 1 had lowered it, the last movement dating from July 2.
