Sodexo: UBS raises TP
(CercleFinance.com) - UBS maintains its 'buy' rating on Sodexo shares, with a target price raised from E89.
5 to E101, representing 30% upside potential for the foodservices and corporate services group.
The potential for outsourcing-led sales growth and margin expansion through economies of scale and purchasing efficiencies is underestimated, the broker says, for which Sodexo is its best pick in the catering sector.
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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.
5 to E101, representing 30% upside potential for the foodservices and corporate services group.
The potential for outsourcing-led sales growth and margin expansion through economies of scale and purchasing efficiencies is underestimated, the broker says, for which Sodexo is its best pick in the catering sector.
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.