Esker: Oddo BHF remains positive
(CercleFinance.com) - Oddo BHF has confirmed its 'outperform' rating on Esker shares, along with its target price of E220, with the group confirming that it is in discussions with the British investment firm Bridgepoint Group regarding a possible offer.
This is likely to reinforce the speculative appeal of the share and support a stockmarket dynamic that has already been buoyant since the start of the year, the analyst says, also pointing to solid fundamentals and good operating momentum.
For the time being, Oddo BHF maintains its target price unchanged (which already includes a slight speculative component) at E220, based on a method that seems relevant in view of the speculation, but remains cautious.
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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.
The information and analyses published by Cercle Finance are intended solely as a decision-making aid 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.
This is likely to reinforce the speculative appeal of the share and support a stockmarket dynamic that has already been buoyant since the start of the year, the analyst says, also pointing to solid fundamentals and good operating momentum.
For the time being, Oddo BHF maintains its target price unchanged (which already includes a slight speculative component) at E220, based on a method that seems relevant in view of the speculation, but remains cautious.
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.
The information and analyses published by Cercle Finance are intended solely as a decision-making aid 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.