(CercleFinance.com) – Bénéteau gains more than 8% on the Paris stock exchange, benefiting from an analysis published by Oddo BHF which reaffirms its ‘outperformance’ opinion on Bénéteau – a security appearing in its list of ‘Midcap H1 2022 convictions’ – and raises its price target from 19 to 21 euros, the day after the publication of a turnover higher than expectations.
‘Despite the tensions on supplies, the group managed to post very sustained growth without the disturbances penalizing profitability’, underlines the analyst in charge of the builder of pleasure craft.
“The order book makes it possible to envisage strong growth in 2022, which is reassuring and will make it possible to support the restoration of profitability”, he continues, adding that “the valuation remains limited with regard to the potential for revaluation of margins”. .