(Boursier.com) — Antin Infrastructure Partners rose by 2% to 13.60 euros this Friday in Paris, after being sanctioned in the wake of the group’s results deemed disappointing with “unremarkable” guidance… While the group is proposing the distribution of a dividend of 0 .71 euro per share, up 69%, i.e. a distribution rate close to 100%, it expects underlying EBITDA for 2024 to be at a level equal to or higher than that of 2023. It also anticipates the success of the fundraising of funds for Flagship Fund V, closing above the objective of 10 billion euros.
Among brokers’ opinions, JP Morgan overweights Antin Infrastructure by targeting a price of 17 euros. Oddo BHF spoke of “accounts in line for 2023”, with “extremely disappointing” 2024 guidance. In addition, the group still needs to work on its stock market liquidity. The analyst remained ‘neutral’ with an unchanged target price of 14.6 euros.
The stock has fallen 3% since January 1.
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