Accueil > Actualité
Actualite financiere : Actualite bourse

Covivio: Invest Securities reduces target price

(CercleFinance.com) - Invest Securities maintains its "neutral" rating on Covivio shares, while reducing its target price for them from 16.
5 euros to 14.1 euros.

The broker says that H1 was marked by a stronger-than-expected recovery in the hotel sector. In these conditions, Covivio Hotels' revenues doubled LFL, in particular following the rebound in variable revenues.

Analysts remain relatively optimistic about the return of leisure customers, although much less so about the return of business customers (45% of revenues).

Invest Securities stresses that at this stage, the company has not announced any strategic change and that the roadmap is particularly based on the continued repositioning of part of its portfolio (14%) on the least risky segments (leisure and domestic).

The share is currently up about 0.6%, about three times the market at noon.


Copyright (c) 2022 CercleFinance.com. All rights reserved.
The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.
 

societes

marches

tendances

 
Qui sommes-nous ? | Nous contacter | FAQ | Mentions légales | RSS | © Copyright 2007 Cercle Finance. Tous droits réservés.
Indices et cours différés d’au moins 15 mn | Cotations boursières fournies par ABC Bourse.