Accueil > Actualité
Actualite financiere : Actualite bourse

Stellantis: Stifel slashes TP

(CercleFinance.com) - Stifel confirms its Buy rating on Stellantis shares, with a target price reduced from E23 to E15.
5.

Following a further reduction in forecasts - surprising in its magnitude - analysts have revised their EPS estimates to 2026 by an average of 36%.

Indeed, Stellantis has dropped its 'weather-resistant' forecasts, now suggesting an adjusted operating margin of between 5.5% and 7%, and a cash burn of E5bn to E10bn.

How can a marginal decline of over 100,000 units (in North America) lead to a 75% reduction in H2 2024 earnings for a company that has long claimed the lowest cost base in the industry? the analyst wonders.

Our perception of consistent and flawless execution by Stellantis management has been seriously shaken. Furthermore, the prospects of solid returns to shareholders have been eliminated by the significant cash burn in 2024, he adds.


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 a decision-making aid 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.
 

societes

marches

tendances

 
Qui sommes-nous ? | Nous contacter | FAQ | Mentions légales | RSS | © Copyright 2007 Cercle Finance. Tous droits réservés.