Worldline: Invest Securities sees an attractive entry point

(CercleFinance.com) - This morning, Parisian broker Invest Securities confirms its buy rating on the Worldline share, along with its target price of 58 euros, representing upside potential of over 25%.


According to analysts, the share price of the payments specialist has fallen recently, due to the market's current disdain for technology stocks. This seems unjustified, Invest Securities says, for which it believes the share has returned to an attractive valuation.

What should be expected from the group's Q3 sales, which are set to be published on 22 October? This publication should hardly come a surprise, the broker says, while the integration of SIX Payments constitutes a structuring step, with the group targeting a medium-term EBITDA margin of over 30%, the broker points out in a report, while operating profitability was 21% last year. Finally, Invest Securities has not ruled out the group making acquisitions.



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