Member Login
Customer Login
(CercleFinance.com) – Covivio gains 1% and thus outperforms the trend in Paris, thanks to an increase in advice at Jefferies from ‘hold’ to ‘buy’ with a price target raised from 48 to 53 euros, at the continuation of a roadshow with the management of the property company.
The broker estimates that despite the sale of 1.5 billion euros of assets over 2023-24, Covivio will be able to increase its EPRA adjusted results by 5% over this period, and that it has addressed its issues debt in a very efficient way.
Copyright (c) 2024 Cercle Finance. The information and analyzes distributed by Cercle Finance only constitute a decision-making aid for investors. Cercle Finance cannot be held responsible directly or indirectly following the use of information and analyzes by readers. It is recommended that any uninformed person consult a professional advisor before making any investment. This indicative information does not in any way constitute an inducement to sell or a solicitation to buy.