Accueil > Actualité
Actualite financiere : Actualite bourse

Dassault Aviation: Oddo BHF still a buyer

(CercleFinance.com) - Oddo BHF reinstates its "buy" rating on the Dassault Aviation share, maintaining its target price of 1050 euros (30% upside potential), judging that even though visibility of the Falcon business remains low, the share's valuation is still impossible to justify (despite its recent revaluation).


The broker says that the current share price implicitly values both activities at -0.2 billion euros, an amount obtained by deducting from Dassault Aviation's capitalisation, its stake in Thales (spot price without discount) and the net cash adjusted for excess prepayments.

Despite site closures that have lasted over two weeks and a slight increase in on-site presence (50% by mid-May, with a target of 100% by end-June), the broker states that it expects a sound level of deliveries in the first half of 2020.



Copyright (c) 2020 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.