CDA: Oddo BHF still a buyer after results
(CercleFinance.com) - Oddo BHF has reiterated its 'outperform' rating on Compagnie des Alpes (CDA) shares, with a target price maintained at E22, following the ski resorts and leisure parks group's 2023-24 results.
The group's commitment to a medium-term EBITDA guidance is positive, and reflects solid confidence in business prospects, the analyst in charge of monitoring the share says.
The stock's valuation remains very modest, trading at a 2025 P/E of 6.1x times (i.e. a discount of around 50% on its historical P/E), Oddo BHF adds, also saying that the stock is included in its European Nextcap conviction list.
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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 group's commitment to a medium-term EBITDA guidance is positive, and reflects solid confidence in business prospects, the analyst in charge of monitoring the share says.
The stock's valuation remains very modest, trading at a 2025 P/E of 6.1x times (i.e. a discount of around 50% on its historical P/E), Oddo BHF adds, also saying that the stock is included in its European Nextcap conviction list.
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.