Accueil > Actualité
Actualite financiere : Actualite bourse

KPN: UBS lowers price target

( - UBS confirms its Neutral recommendation on Dutch telecom operator KPN and lowers its target price to E3.
08 (from E3.12) after the Investor Day (CMD).

' EBITDA and FCF forecasts achievable, but increasing competition could impact production growth ' says UBS. The analyst lowers its FCF forecast by -2%.

KPN targets service revenue growth of around 3%, EBITDA growth of nearly 3% and around 7% FCF growth through 2027.

' Capital expenditure remains at around ?1.2 billion per year until 2026. Capital expenditure will fall below the 1.0 billion euro mark from 2027 onwards, thanks to the completion of the fiber optic project', said the group.

Copyright (c) 2023 All rights reserved.
The information and analyses published by Cercle Finance are intended solely as decision-making aids for investors. Cercle Finance cannot be held responsible, directly or indirectly, for the use of information and analyses by readers. Uninformed investors are advised to consult a professional advisor before investing. This information does not constitute an invitation to sell or a solicitation to buy.




Qui sommes-nous ? | Nous contacter | FAQ | Mentions légales | RSS | © Copyright 2007 Cercle Finance. Tous droits réservés.