(CercleFinance.com) – ID Logistics shares rose nearly 2% on the Paris Stock Exchange on Tuesday, supported by an increase in advice from Berenberg, from ‘hold’ to ‘buy’ on the stock.
Shortly before 11:00 a.m., the action of the international logistics group rose 1.8%, one of the largest increases in the CAC Mid & Small index.
Berenberg analysts explain that the 17% decline in the share price since the start of the year is a ‘rare’ opportunity to position yourself in this specialist in contract logistics.
They note that despite this downturn on the stock market, the resistance of the group, its status as a ‘pure player’ and the healthy growth from which it benefits remain unchanged.