Arkema: Credit Suisse raises its target price.

(CercleFinance.com) - Credit Suisse has confirmed its "outperform" rating on Arkema, raising its target price from 99.
5 euros to 102 euros.

"Arkema is progressing towards a more resilient (from an earnings and a cash flow perspective), higher returns business with top line growth ahead of sector averages," said the analyst who monitors the stock.

Credit Suisse says that the share has the possibility of outperforming over the medium term, with its multiples appreciating towards those of the sector, considering that the share is currently trading at a 17% discount relative to its key peers (in terms of EV/EBITDA).


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