Commerzbank: Oddo BHF confirmed in its positive vision

(CercleFinance.com) – Oddo BHF reiterates its ‘outperformance’ opinion and its price target of 17.3 euros on Commerzbank, saying its positive approach is reinforced by the notable resurgence of speculative appeal around the file after Unicredit’s increase in capital.

According to him, the expected continuation of the recovery in operational performance, coupled with a balance sheet situation that is now more solid/credible, suggests a significant improvement in shareholder returns that is still insufficiently valued.

Copyright © 2024 CercleFinance.com. All rights reserved.
The information and analyses disseminated by Cercle Finance are only a decision-making aid for investors. Cercle Finance cannot be held responsible, directly or indirectly, for the use of the information and analyses by readers. Any uninformed person is advised to consult a professional advisor before making any investment. This indicative information does not in any way constitute an incentive to sell or a solicitation to buy.

Did you like this article? Share it with your friends using the buttons below.