Schneider Electric: Oddo BHF positive ahead of H1 results
(CercleFinance.com) - Oddo BHF is maintaining its "outperform" rating on and E250 target price for Schneider Electric shares, believing that it should continue to benefit from its excellent positioning in electrification and energy efficiency.
Ahead of the industrial group's H1 results, due to be published at the end of July, the research consultancy expects organic sales growth of 5.5% and an adjusted EBIT margin of 17.7%, down 30bp.
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Ahead of the industrial group's H1 results, due to be published at the end of July, the research consultancy expects organic sales growth of 5.5% and an adjusted EBIT margin of 17.7%, down 30bp.
Copyright (c) 2024 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.