Bureau Veritas: Berenberg raises target price

(CercleFinance.com) - Berenberg reinstates its "buy" recommendation on the Bureau Veritas share, having increased its corresponding target price from 24 euros to 25.
5 euros, believing that testing, inspection and certification (TIC) companies will benefit from the thematic changes in the post-pandemic world.

"Increased focus on human health, safety, supply chain security, asset safety and integrity, secure connectivity, corporate and environmental sustainability: these are all themes from which the TIC companies will benefit," analysts say.

According to the broker, "Each company will benefit to differing degrees from each megatrend, but the sector as a whole is a good place for investors seeking structural growth in the post-pandemic world".


Copyright (c) 2021 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.