OPmobility: UBS downgrades stock

(CercleFinance.com) - UBS downgrades OPmobility shares from 'neutral' to 'sell', despite a target price raised from E8.
4 to E9.5, a new TP that implies 7% downside potential for the French automotive supplier's shares.

We believe that the current share price and the consensus incorporate more constructive results and free cash flow, with downside potential over the next 12 months, the broker warns in its comments about the former Plastic Omnium.


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