Assystem: Invest Securities downgrades stock

(CercleFinance.com) - In view of uncertainties and the share outperforming its sector YTD, Invest Securities has downgraded Assystem shares from 'neutral' to 'sell', with a target price reduced from E42 to E40, in the wake of reduced 2024-26 estimates.


While the group appeared immune to macro deterioration due to its nuclear exposure, this Q3 publication and the warning about 2024 results qualify the statement, the analyst says.

Above all, the depressing comments on the SICT market made yesterday by Alten's COO raise fears of a further delay in the sale of Expleo (2026?) and a sale price below our expectations, the broker also warns.


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