CDA: Oddo BHF remains positive after the results

(CercleFinance.com) - Oddo BHF has reiterated its 'outperform' rating for Compagnie des Alpes (CDA), with the price target maintained at 22 euros, following the ski resorts and leisure parks group's results for its 2023-24 financial year.


The group's commitment to a medium-term EBITDA guidance is positive, and reflects solid confidence in business prospects", said the analyst in charge of the file.

The valuation remains very modest, with an 09/2025 P/E of 6.1 times (i.e. a discount of around 50% on the historical P/E)", adds Oddo BHF, adding that the stock is included in its European Nextcap conviction list.

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