Sodexo: RBC raises target price

(CercleFinance.com) - On Monday RBC raised its target price for Sodexo shares from E80 to E82 following the French foodservices specialist's annual results.


The Canadian broker, which nevertheless reduced its earnings forecasts for the group by around 5% for FY 2025 and 2026, justifies raising its target by the prospect of a more favourable comp base effect on the accounts.

The broker nevertheless considers the share to be fairly valued overall at its current price, and prefers Aramark in the sector.


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