This Wednesday morning, Goldman Sachs is downgrading its recommendation on real estate companies Icade and Covivio. Several price target adjustments to highlight, especially on LVMH, the day after the publication of the quarterly luxury giant.
Analyst recommendations: Icade, Covivio, LVMH, Teleperformance, Carrefour, Orange, Faurecia, Valeo, Elis, Nexans | Photo credits: Gecina / CC BY-NC-SA 4.0 / Thierry Lewenberg Strum
Icade : Goldman Sachs downgrades from “neutral” to “sell” and adjusts its target price from 43.40 to 32.50 euros.
Covivio : The same investment bank returns from “buy” to “neutral” to target 50.50 euros, against 57.30 previously.
Schneider Electrical : Goldman Sachs raises its target price from 122 to 126 euros but confirms its advice to “sell”.
LVMH : Cowen and Company lowers its target price from 885 to 780 euros.
Teleperformance : JPMorgan adjusts its price target downwards, from 410 to 360 euros.
Crossroads : HSBC is now targeting 22 euros, against 24 previously.
Orange : Jefferies lowers its price target from 13 to 12.40 euros.
Faurecia : HSBC drops its target price from 27 to 16 euros.
Valeo : HSBC is now targeting 17.5 euros, against 21 previously.
Elis : JPMorgan lowers its target from 17 to 16.50 euros.
Nexans : HSBC adjusts its target price from 115 to 110 euros.
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