Vinci: UBS still buying after traffic figures

(CercleFinance.com) - UBS underlines the good traffic figures for airports and motorways in November.
Following this announcement, the analyst confirms his Buy recommendation on the share, with an unchanged target price of E132, representing 33% upside potential.

Airport and freeway traffic is proceeding normally, UBS says.

Motorway traffic up 3.8% in November. Traffic was brisk in November for light vehicles (+5.4%), which benefited from the favorable positioning of the long weekends (1 and 11 November).

Passenger traffic at Vinci Airports remained buoyant in November. Overall, it is up 8.8% on 2023.


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