Accueil > Actualité
Actualite financiere : Actualite bourse

Edenred: Deutsche Bank raises TP

( - On Wednesday Deutsche Bank nudged up its target price for Edenred shares, saying that it expected Q3 sales to confirm the group's resilience.

In its morning comments, the broker said it had raised its target price for the share from E68 to E69, while reiterating its buy rating on the stock.

The analyst - who considers Edenred to be a growth stock with a "defensive" profile - sees the inventor of the luncheon voucher ("ticket restaurant") continuing to post solid growth, which leads him to raise his Ebitda forecasts, which remain above those of the consensus.

Deutsche Bank also said it expects next month's publication to see a possible tightening - or even a slight upward revision - of the Group's annual Ebitda targets.

Edenred is scheduled to announce its Q3 sales on 19 October.

Copyright (c) 2023 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.