(CercleFinance.com) – Claranova gains nearly 5% in Paris, supported by an analysis by Invest Securities which reiterates its ‘buy’ recommendation and its price target of 9.9 euros on the share, after the buyback of a part of the minority shareholders of PlanetArt which ‘shows a valuation much higher than current levels (and even that of analysts)’.
‘This operation above all foreshadows, in our opinion, PlanetArt’s next IPO which should allow everyone to agree on the valuation of this asset’, adds the analyst, for whom this IPO could ‘put an end to the undervaluation of the society that despairs management ‘.