Elis: UBS reiterates buy rating
(CercleFinance.com) - UBS reiterates its Buy rating on Elis shares, leaving its target price unchanged at E27, representing 23% upside potential.
The new capital allocation policy and the share buyback should reassure investors, UBS says.
Elis said that it is aiming for a further increase in all its financial indicators in 2025, with organic annual sales growth expected to be just under 4%. Its adjusted EBITDA margin is also expected to increase slightly.
Elis has also announced the implementation of a E150m share buyback program in 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.
The information and analyses published by Cercle Finance are intended solely as decision-making aids 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.
The new capital allocation policy and the share buyback should reassure investors, UBS says.
Elis said that it is aiming for a further increase in all its financial indicators in 2025, with organic annual sales growth expected to be just under 4%. Its adjusted EBITDA margin is also expected to increase slightly.
Elis has also announced the implementation of a E150m share buyback program in 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.
The information and analyses published by Cercle Finance are intended solely as decision-making aids 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.