(CercleFinance.com) – Infotel gains nearly 4% in Paris, supported by an analysis by EuroLand Corporate which raises its recommendation on the title, going from ‘accumulate’ to ‘buy’, with a price target raised from 58 to 64 euros, taking into account its estimates and market parameters, after the publication of the company’s annual results.
If the ROC excluding free shares came out at 21.9 million with free shares, below the expectations (23.4 million) of the research office, the latter notes that Infotel will propose a dividend of 1.60 euro to compensate for the dilution linked to the free shares.
‘In the 2022 financial year, Infotel is aiming for a growth rate higher than that of its market, knowing that Numeum forecasts a 7.1% increase in the digital sector, including 4.4% for ESN (digital service companies)’, adds the analyst
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