This Tuesday morning, JPMorgan is maneuvering on the luxury sector, and more specifically on the values LVMH, Kering and Hermès. Oddo BHF downgrades its recommendation on Thales shares.
Analysts’ recos: LVMH, Kering, Hermès | Photo credits: 360b / Shutterstock.com
LVMH: JPMorgan has taken over the coverage of the “outperformance” title and is aiming for 780 euros.
Kering: Same maneuver from the same broker, with a recommendation set at “neutral” and a target price of 670 euros.
Hermes: JPMorgan, again, resumes monitoring of the title at “neutral” also, sets its target price at 1,150 euros.
Thales: Oddo BHF downgrades its recommendation from “outperformance” to “neutral” and maintains the target price at 129 euros.
Liquid air : Citigroup raises its target price from 168 to 181 euros; UBS imitates its rival, from 173 to 177 euros.
Crossroads : Jefferies is revising its price target upwards and going from 22 to 22.70 euros.
Renault: JPMorgan is reducing its target and is now targeting 55 euros, against 62 previously.
Alstom: UBS downgrades its target price by 3 euros to 44 euros.
Sodexo: Deutsche Bank lowers the target price by 7 euros, to 93 euros.
Axa: Morgan Stanley is targeting a lower price than previously and goes from 35 to 32 euros.
Great : Citigroup downgrades its price target by 3 euros to 97 euros.
Icade: Citgroup, still, is revising its target price upwards and is now targeting 71.3, against 64.2.
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