Vinci: UBS raises price target
(CercleFinance.com) - UBS confirms its 'buy' recommendation for the Vinci share with a target price adjusted from 105 to 107 euros, a new target implying upside potential of 24% for the French concessions and construction group.
The broker considers that the risk-reward ratio is fairly attractive given that air passenger traffic is recovering, whilst roads and contracting are already showing high and normal levels.
Copyright (c) 2021 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.