Elis: in the green with broker's comments

(CercleFinance.com) - Elis gains nearly 1% and outperforms the trend in Paris, helped by comments from UBS, which initiates coverage with a 'buy' recommendation and a price target of €27 on the laundry group's stock.


The broker sees it as 'a resilient company with solid leadership and higher growth prospects'. Deleveraging also leaves room for returns to shareholders or mergers and acquisitions", he adds.

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