Eiffage: Barclays lowers its target price
(CercleFinance.com) - While lowering its target price from 142 to 138 euros to reflect the recent downgrading of its peers, Barclays reaffirms its 'overweight' recommendation on Eiffage after a quarterly trading update deemed 'reassuring on key points'.
The broker makes virtually no changes to its EPS estimates and points to a clarification on taxation in France. The recent downgrading of peers reinforces the value's attractiveness", it also judges in the summary of its note.
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