ALD: stock up on broker comments
(CercleFinance.com) - The ALD share is up over 4%, boosted by Crédit Suisse's comments, which reinstates its "outperform" rating on the stock, having increased its corresponding target price from 11.
2 euros to 12.2 euros, following the presentation of its new Move 2025 five-year strategic plan.
"We think that ALD is aiming at the right targets", the broker says, due to "its focus on high-growth markets, the relevance placed on technology, Fleet electrification, and the extension of the asset lifecycle".
Copyright (c) 2020 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.