ID Logistics: penalized by a broker degradation – 03/15/2024 at 11:20

( – ID Logistics fell by more than 3% and thus suffered one of the biggest declines in the SBF120, penalized by comments from Stifel which downgraded its recommendation from ‘buy’ to ‘hold’ with a price target maintained at 350 euros, after annual results considered ‘excellent’.

‘Unfortunately, all the good news seems to us to be well integrated into the stock price,’ judges the broker, noting that after an increase of more than 40% over the last six months, the stock now trades for more than 25 times earnings. 2025.

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