Groupe ADP: opinions follow one another…







Photo credit © Groupe ADP

(Boursier.com) — ADP Group rose 0.8% to 105 euros this Friday after presenting a consolidated turnover for the first 9 months of 2023 of 4.121 billion euros, up 21.8% compared to the same period in 2022. During over these 9 months, the turnover of the Aeronautical Activities segment, which corresponds only to the airport activities carried out by Aéroports de Paris as manager of the Parisian platforms, increased by +18.2%, to 1.447 billion euros. . Revenue from aeronautical fees (passenger, landing and parking fees) increased by +18.5% to €870 million…

During the first 9 months of 2023, Paris Airport traffic increased by 18.4% with a total of 75.6 million passengers, or 91.4% of traffic over the same period in 2019 before the crisis. sanitary. Among the latest broker opinions, AlphaValue ‘accumulates’ ADP with a target price reduced from 136 to 133 euros, while Goldman Sachs goes back from ‘sell’ to ‘neutral’ with an adjusted target of 123 to 110 euros. Finally, Morgan Stanley cautiously remains ‘online weighting’ on ADP with a target price reduced to 124 euros…


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