At the beginning of the week, only one change of recommendation is to be noted with JP Morgan which downgrades its recommendation to “neutral” on the Michelin share. Very active, this same broker adjusts its target prices on Alstom and Plastic Omnium stocks.
Analyst recommendations: Michelin, Alstom, Bouygues, Valeo, Faurecia, SES, Compagnie Plastic Omnium
Michelin: JP Morgan is downgrading its recommendation from “outperformance” to “neutral”, as well as its target price of 10 euros, now targeting 140 euros.
Alstom: The same broker is now targeting 38 euros, or 50 cents more than before.
Bouygues: Barclays raises its target price by 1 euro to 36 euros.
Valeo: HSBC lowers its target from 28.5 to 20 euros.
Faurecia: The same broker follows the same movement by targeting a target price of 30 euros, ie 20 euros less than before.
HIS : Credit Suisse sets its target at 12 euros, 1 euro more than the previous one.
Plastic Omnium: JP Morgan lowers its target price from 22 to 18 euros.
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