Pluxee: UBS reduces target price
(CercleFinance.com) - While maintaining its 'neutral' position on Pluxee shares, UBS has slashed its target price from E31 to E20, whicvh now implies 10% upside potential for the stock of Sodexo's former benefits and rewards division.
The valuation is starting to look attractive, but we await Q4 results and clarity on the growth algorithm, the broker summarises.
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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.
The valuation is starting to look attractive, but we await Q4 results and clarity on the growth algorithm, the broker summarises.
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.