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Teleperformance: Oddo confirms rating ahead of CMD

(CercleFinance.com) - At its CMD on on Thursday 17 October, Téléperformance will present its Digital Strategy.

Ahead of this meeting, Oddo confirms its buy rating on the share, along with a target price of 227 euros.

The group will, amongst other things, discuss the integration of Intelenet and its potential synergies to support or accelerate organic growth, Oddo says.

At the CMD, the broker is not ruling out that the group raises its MT targets (sales of 6 billion euros, EBITA of 850 million euros), saying that sales of 7 billion euros and an EBITA of 1 billion euros seem credible, potentially with new acretive acquisitions (EV of 1 billion to 1.5 billion euros), it adds.


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