Accueil > Actualité
Actualite financiere : Actualite bourse

Altice Europe: Barclays maintains 'Underweight' rating

(CercleFinance.com) - While nudging up its target price for the share of Altice Europe (parent company of SFR) from 3.
10 euros to 3.20 euros, Barclays has reinstated its "underweight" rating, saying in a sector note that they "continue to see the stock pricing in more than fundamentals".

"The French competitive environment continues to show improving trends in Q3 19. With players having given up on forcing consolidation, this more constructive environment should last," the broker says.

While sector ROCE remains low (around 5%), less promotional activity and lower commercial costs should, Barclays says, support margin expansion, while investment spending remains stable.


Copyright (c) 2019 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.
 

societes

marches

tendances

 
Qui sommes-nous ? | Nous contacter | FAQ | Mentions légales | RSS | © Copyright 2007 Cercle Finance. Tous droits réservés.
Indices et cours différés d’au moins 15 mn | Cotations boursières fournies par ABC Bourse.