Quadient: staying afloat thanks to broker comments
(CercleFinance.com) - Going against the grain in Paris, Quadient shares are up nearly 1%, thanks to favourable comments from Oddo BHF, which includes the stock in its European "Midcap selection", maintaining its "outperform" rating on it, nudging up its target price from E26 to E27.
Despite the stock's performance, its valuation remains modest, the analyst says, adding that it does not take into account the potential of the software and Parcel Locker businesses, which are already profitable for the installed base.
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