Share price down after Deutsche Bank downgrade

(CercleFinance.com) - ADP shares were one of the biggest decliners on the SBF 120 index on Wednesday morning on the Paris Bourse, in the wake of a downgrade by Deutsche Bank.


At around 10:45 a.m., the airport operator's shares were down by more than 1%, while the SBF was virtually unchanged.

In a sector note, Deutsche Bank indicates that it has downgraded its advice on the share to 'hold' from 'buy', with a price target lowered from 142 to 130 euros.

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