Pierre & Vacances: Oddo BHF still buying after CMD

(CercleFinance.com) - Oddo BHF has confirmed its 'outperform' rating on Pierre & Vacances shares, as well as its target price of E2, after the tourism group's CMD reinforced its positive view of the share.


We are confident in the group's ability to continue to successfully execute its strategic plan, the analyst says, who considers the targets credible for 2028, supported by cost savings and topline growth.

Oddo BHF also mentions several catalysts, namely a unique positioning focused on local tourism, a renovated park, confidence in the ability to manage inflation, a net cash position and a valuation discount.


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