Bigben: Invest Securities raises TP, but prefers Nacon

(CercleFinance.com) - Invest Securities confirms its 'buy' recommendation on Bigben shares, while raising its target price for them from E4.
5 to E5.8, alongside an increase in its target for Nacon, a stock that it says it 'very clearly' prefers to Bigben.

While we believe that Nacon is on the right track to turn around its results and is in a position to reduce its very high undervaluation (especially in the event of the commercial success of Test Drive), our opinion is less striking regarding Bigben, it states.

Although it acknowledges that management is doing a pretty good job in the Audiovidéo-Telco business, Invest Securities considers that Bigben offers more limited upside potential than Nacon, and a risk on its refinancing in February 2026.


Copyright (c) 2024 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.