Stock Price Targets: Changes for Hermès, Renault, Accor, and Others
This Friday, adjustments are being made to around twenty stocks, with contrasting revisions. Several targets are crossing symbolic thresholds while others are undergoing significant corrections.
Above Their Target:
Above their target: 6 stocks · Stocks covered: 63
Stocks above their target: NN GROUP (-5.9%) · BE SEMICONDUCTOR (-4.9%) · MICHELIN (-4.1%) · SEGRO PLC (-2.8%) · AGEAS (-1.3%) · SAFRAN (-1.0%)
Largest target / price gaps:
CSG — target 30.75 euros — target/price gap: +149.0%
WOLTERS KLUWER — target 99.00 euros — target/price gap: +77.4%
PROSUS — target 66.25 euros — target/price gap: +75.4%
CAPGEMINI — target 150.00 euros — target/price gap: +69.5%
EXOR NV — target 109.00 euros — target/price gap: +66.4%
TKH GROUP: Kempen makes a double leap from 'neutral' to 'buy' and raises the target from 42.00 to 62.00 euros (+47.6%).
Jefferies adjusts SPIE from 46.00 to 50.00 euros while maintaining 'hold'.
Accor: Jefferies cuts and lowers the recommendation from 'buy' to 'hold', reducing the target from 55.00 to 52.00 euros. Context: 3 analysts had raised their targets in the last 10 days, the last movement dating from June 25. Median consensus at 55.35 euros — target/price gap: +7.2%.
A cut at Sopra Steria Group: Oddo BHF keeps 'outperform' but revises the target from 244.00 to 229.00 euros.
Rexel sees two analysts acting simultaneously: Oddo BHF raises the target from 34.10 to 36.00 euros (unchanged 'neutral' recommendation); JP Morgan adjusts from 41.80 to 44.50 euros ('overweight' confirmed).
From 45.00 to 50.00 euros at Renault: Oddo BHF maintains 'outperform'. An analyst had already raised his target on June 24.
Dassault Systemes: Oddo BHF lowers from 23.00 to 21.00 euros (maintained 'neutral' recommendation). An analyst had lowered his target on June 25. Median consensus at 21.38 euros, target/price gap: +21.5%.
BNP Paribas Exane raises the target for Sodexo from 38.50 to 41.00 euros while confirming 'underperform'. 2 analysts had already raised their targets in the last 10 days.
LISI: BNP Paribas Exane adjusts from 62.00 to 68.00 euros ('neutral' unchanged).
JP Morgan raises the target for Legrand from 180.00 to 190.00 euros, confirmed 'overweight' recommendation. An analyst had raised his target on June 23. Median at 160.00 euros — target/price gap: +8.4%.
Despite maintaining 'sell', TP Icap Midcap significantly raises the target for OVH from 7.00 to 10.00 euros. An analyst had already raised his target on June 25.
Hermès undergoes two cuts: Intesa Sanpaolo reduces the target from 2,290.00 to 1,995.00 euros ('buy' maintained); Citi lowers from 1,821.00 to 1,700.00 euros ('neutral' confirmed). 2 analysts had lowered their targets in the last 10 days, the last movement dating from June 23. Median consensus at 1,997.50 euros, target/price gap: +23.8%.
Invest Securities adjusts two biotechs: Carvolix moves from 4.20 to 4.00 euros (confirmed 'buy' recommendation); ABL Diagnostics from 8.40 to 8.10 euros ('buy' also).
BE Semiconductor: KBC Securities changes its position twice, lowering the recommendation from 'hold' to 'reduce' while raising the target from 150.00 to 225.00 euros. 3 analysts had raised their targets in the last 10 days. Median at 275.00 euros, target/price gap: -4.9%.
KBC Securities initiates coverage of Shurgard with a target at 36.00 euros and a 'buy' recommendation.
A change in stance at Ackermans V.Haaren: ING lowers from 'buy' to 'hold' but raises the target from 245.00 to 300.00 euros.
Barclays Capital initiates coverage of Corbion with 'hold' and a target at 19.50 euros. An analyst had lowered his target on June 16.
Odyssee Techno: Greensome Finance maintains 'buy' and adjusts the target from 31.92 to 34.92 euros.