Damartex: Euroland Corporate reduces its target after turnover


(CercleFinance.com) – Euroland Corporate reaffirms its ‘buy’ recommendation on Damartex but reduces its price target from 27 to 25 euros, following the publication by the clothing distributor for seniors of its turnover for the first half of 2021- 22.

“We are confident in the group’s ability to overcome these supply tensions and to pursue its Transform To Accelerate TTA 2.0 transformation plan,” says the analyst in charge of the file.

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