Teleperformance: UBS maintains buy rating

(CercleFinance.com) - UBS has reiterated its buy rating on the Teleperformance stock with a target price of 380 euros, after analysts consider its financial year 2022 as "reassuring".


"FY results reassured on underlying organic trends (UBSe c10.5% in '23) and prospects in content moderation (impact from prev. announced exits is immaterial)", UBS says.

Teleperformance reported a 15.8% increase in net income, group share, to 645 million euros, giving diluted EPS of E10.8, compared with E9.36 a year ago (+15.4%) in twelve months.

Management also confirmed its 2025 financial targets of at least 10 billion euros in revenue excluding acquisitions.


Copyright (c) 2023 CercleFinance.com. All rights reserved.
The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.