Teleperformance: UBS maintains buy rating
(CercleFinance.com) - UBS has reiterated its buy rating on the Teleperformance stock with a target price of 380 euros, after analysts consider its financial year 2022 as "reassuring".
"FY results reassured on underlying organic trends (UBSe c10.5% in '23) and prospects in content moderation (impact from prev. announced exits is immaterial)", UBS says.
Teleperformance reported a 15.8% increase in net income, group share, to 645 million euros, giving diluted EPS of E10.8, compared with E9.36 a year ago (+15.4%) in twelve months.
Management also confirmed its 2025 financial targets of at least 10 billion euros in revenue excluding acquisitions.
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