Eiffage: UBS still a buyer after results
(CercleFinance.com) - UBS reiterates its "buy" recommendation on the Eiffage stock, along with its target price of 108 euros, thereby seeing upside potential of 28% for the French construction and concessions group.
"Eiffage delivered a strong FCF in FY18, with top line growth ahead of UBSE in Q4 offsetting a slightly weaker margin in H2," notes the broker, which sees growth ahead.
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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.
"Eiffage delivered a strong FCF in FY18, with top line growth ahead of UBSE in Q4 offsetting a slightly weaker margin in H2," notes the broker, which sees growth ahead.
Copyright (c) 2019 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.