(CercleFinance.com) – Oddo maintains its ‘outperformance’ rating on Publicis shares, with an unchanged target price of 72 euros.
According to the analysis office, the Publicis publication is probably “the most reassuring for a long time”. Indeed, ‘this quarter all assets are growing and show solid prospects’, despite an uncertain environment.
After its conference call with management, Oddo is now banking on published growth up 11% in the second quarter.
“We now expect organic growth of 5.3% over the year 2022 against 4.5% previously”, concludes the broker.
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