Schneider Electric: Oddo BHF positive ahead of H1 results
(CercleFinance.com) - Oddo BHF is maintaining its "outperform" rating on and E250 target price for Schneider Electric shares, believing that it should continue to benefit from its excellent positioning in electrification and energy efficiency.
Ahead of the industrial group's H1 results, due to be published at the end of July, the research consultancy expects organic sales growth of 5.5% and an adjusted EBIT margin of 17.7%, down 30bp.
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