Dassault Aviation: Oddo remains neutral after road show.
(CercleFinance.com) - Oddo BHF reiterates its Neutral rating on the stock, with a target price of 1,300 euros despite the stock's attractive valuation.
The company has reiterated its caution regarding the business aviation segment.
"We see the acceleration in the number of transactions, as well as the stabilisation of prices in the business aviation market as the first factors that are necessary for the cyclical recovery of business aviation cycle" analysts said.
Oddo BHF believes that the contagion to the new market has not yet occurred and there are no strong signs that a recovery will occur.
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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 company has reiterated its caution regarding the business aviation segment.
"We see the acceleration in the number of transactions, as well as the stabilisation of prices in the business aviation market as the first factors that are necessary for the cyclical recovery of business aviation cycle" analysts said.
Oddo BHF believes that the contagion to the new market has not yet occurred and there are no strong signs that a recovery will occur.
Copyright (c) 2017 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.