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Fnac Darty: Oddo BHF maintains Buy rating

(CercleFinance.com) - This morning, an analyst at Oddo BHF confirmed his "buy" recommendation on the Fnac Darty stock, noting some pretty reassuring additional elements.


Oddo BHF appreciates a pleasant surprise in its update at the end of May. However, it warns that this should not to be extrapolated to the whole of H2 (although performance H1 is reassuring). Analysts stick to their analysis that this is a very good publication and generally very encouraging for the future, even though investors should be somewhat cautious regarding H2 (cf. China, potential second wave of coronavirus, future unemployment, etc.).

Oddo BHF thus confirms its target price of 50 euros for the share (38% upside).


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