Accueil > Actualité
Actualite financiere : Actualite bourse

Schneider: Oddo still neutral, confirms target price

( - An activist fund has entered Emerson's capital (D.
E Shaw), with the aim of putting pressure on the US group to split its businesses.

Oddo believes that Schneider is also a diverse group (automation, low voltage electrical products, medium voltage, data centers). The broker believes that there are similarities with Emerson, although performance is different.

Oddo says that twice Emerson has reduced its organic growth target this year, while Schneider has increased it. Over 1 year, the Emerson share has fallen by 17%, while the Schneider share has risen by 15%.

At this stage we are not ready to believe in the entry of an activist investor into Schneider's capital, which has the same intensions, Oddo adds.

Oddo therefore confirms its Neutral rating on the share, along with a target price of 76 euros.

Copyright (c) 2019 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.




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.