Elior: TP lowered by Oddo BHF
(CercleFinance.com) - Oddo BHF confirms its 'underperform' rating on Elior group, with a target price trimmed from E3.
3 to E3.2, in the wake of EPS estimates lowered by 9% on average for 2025/2026, the day after a severely punished publication.
The analyst says that the 2024 annual results confirm operational progress despite a higher-than-expected tax burden, but while the 2025 targets are broadly in line, growth prospects remain below the main comparables.
From a sector viewpoint, the analyst judges that the group's situation (levels of growth, profitability, FCF generation and debt) seems less attractive to us than its main competitors Sodexo and Compass.
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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.
3 to E3.2, in the wake of EPS estimates lowered by 9% on average for 2025/2026, the day after a severely punished publication.
The analyst says that the 2024 annual results confirm operational progress despite a higher-than-expected tax burden, but while the 2025 targets are broadly in line, growth prospects remain below the main comparables.
From a sector viewpoint, the analyst judges that the group's situation (levels of growth, profitability, FCF generation and debt) seems less attractive to us than its main competitors Sodexo and Compass.
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.