Verallia: Stifel confirms buy rating
(CercleFinance.com) - Stifel confirms its buy rating on the stock, leaving its target price unchanged at E36.
65.
The analyst believes that, based on its experience in 2024, forecasts are probably deliberately conservative.
The main driver is volume, with low- to mid-single-digit growth built into the forecasts, along with a 50% drop in margin, the analyst says.
Stifel expects prices to average around 5% lower y-o-y, due to the postponement of price cuts in 2024.
The perception of abundant glass supply is beginning to change, leading to a normalization of orders and reduced downward pressure on glass prices, Stifel adds.
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.
65.
The analyst believes that, based on its experience in 2024, forecasts are probably deliberately conservative.
The main driver is volume, with low- to mid-single-digit growth built into the forecasts, along with a 50% drop in margin, the analyst says.
Stifel expects prices to average around 5% lower y-o-y, due to the postponement of price cuts in 2024.
The perception of abundant glass supply is beginning to change, leading to a normalization of orders and reduced downward pressure on glass prices, Stifel adds.
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.