(CercleFinance.com) – Euroland Corporate reaffirms its ‘buy’ recommendation on Delfingen Industry with a slightly adjusted price target of 65 to 62 euros, after the publication of half-year results slightly below its expectations.
The research department nevertheless considers these results for the first half of the year ‘completely consistent with the worsening of the macroeconomic environment and the persistence of geopolitical tensions in recent weeks’.
‘The inflationary environment is not abating. In the longer term, we remain fully confident in the group’s ability to strengthen its dominant position in a market that is full of opportunities’, indicates the analyst.
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