Pluxee: Deutsche Bank raises its target price
(CercleFinance.com) - Deutsche Bank has reiterated its "buy" recommendation on Pluxee shares, nudging up its target price from E35.
5 to E36, believing that this former Sodexo benefits and rewards subsidiary should continue to benefit from a positive operating trend.
It should also benefit from higher financial income than initially expected, due to more resilient inflation, and from the acquisition of COBEE, a Spanish charity operating in Spain, Portugal and Mexico.
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