LDC: Euroland begins tracking as a buyer
(CercleFinance.com) - Euroland has begun to monitor LDC shares on Thursday, with a buy rating and target price of E164, representing potential upside of 38%.
In a report, it believes that the stockmarket valuation of France's leading poultry producer is currently well out of line with its fundamentals.
In particular, the analyst highlights the "highly attractive" discounted multiples, both in historical terms and relative to its peers, which in its opinion indicate the possibility of a revaluation.
Euroland also adds that, with average EPS and dividend growth expected around 5% through to 2026, the stock ticks a number of boxes.
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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 a report, it believes that the stockmarket valuation of France's leading poultry producer is currently well out of line with its fundamentals.
In particular, the analyst highlights the "highly attractive" discounted multiples, both in historical terms and relative to its peers, which in its opinion indicate the possibility of a revaluation.
Euroland also adds that, with average EPS and dividend growth expected around 5% through to 2026, the stock ticks a number of boxes.
Copyright (c) 2023 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.