Euronext: UBS still buying after Q3 results
(CercleFinance.com) - UBS reaffirms its 'buy' recommendation on Euronext, as well as its target price of E115, a target implying 15% upside potential for the stock, the day after quarterly results judged to be 'broadly in line with expectations.
We think that the 2027 strategic plan makes a lot of sense and should be well received, even if the EBITDA growth rate targeted is in line with management's typical conservatism..., the broker adds in his note on the pan-European stock exchange group.
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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.
We think that the 2027 strategic plan makes a lot of sense and should be well received, even if the EBITDA growth rate targeted is in line with management's typical conservatism..., the broker adds in his note on the pan-European stock exchange group.
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.