Vinci: Stifel slightly reduces its target price on the stock

(CercleFinance.com) - Stifel maintains its buy rating on Vinci shares, with a price target slightly reduced from 131 to 129 euros to take into account the group's half-yearly results for 2024 and "last Thursday's Sell-Side breakfast", says the broker.


The main lesson of the breakfast was the introduction of Pierre Anjolras, the Group's new COO and likely future CEO", adds the analyst, who points out that Pierre Anjolras has "a long and in-depth knowledge of the Group, its main activities and above all its culture".

Nevertheless, "due to its higher cyclical exposure, we now prefer Eiffage (Buy, E95.80) to Vinci", concludes the broker.

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