Pluxee: stock stands out on Berenberg upgrade
(CercleFinance.com) - Pluxee was one of the strongest risers on the SBF 120 index on Tuesday morning on the Paris Bourse, following a recommendation upgrade by Berenberg.
In the first hour of trading, shares of the restaurant voucher issuer were up 0.7%, while the SBF was only up 0.1% at the same time.
Berenberg says it has upgraded them to 'buy' from 'hold', while maintaining its target price of E30, which represents 35% upside potential relative to yesterday's closing price.
In a sector report, the broker considers that the company is still making good progress towards its medium-term targets, and that its current stockmarket valuation more than incorporates the risk of potential earnings disappointments.
On the stock market, Pluxee shares - introduced at the beginning of 2024 - lost 39% last year, although have bounced back, up over 18% since the beginning of 2025.
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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.
In the first hour of trading, shares of the restaurant voucher issuer were up 0.7%, while the SBF was only up 0.1% at the same time.
Berenberg says it has upgraded them to 'buy' from 'hold', while maintaining its target price of E30, which represents 35% upside potential relative to yesterday's closing price.
In a sector report, the broker considers that the company is still making good progress towards its medium-term targets, and that its current stockmarket valuation more than incorporates the risk of potential earnings disappointments.
On the stock market, Pluxee shares - introduced at the beginning of 2024 - lost 39% last year, although have bounced back, up over 18% since the beginning of 2025.
Copyright (c) 2025 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.