Sodexo: UBS raises its price target


(CercleFinance.com) – The analyst believes that growth and the achievement of objectives are on track. Operating profit was higher in the first half of 2024 and organic revenue growth forecasts have been revised upwards.

UBS confirms its purchase advice and raises its price target to 93.25 E (instead of 92 E) which represents an upside potential of 21%.

‘The first half of 2024 showed continued operational improvements and a message of confidence for fiscal years 2024 and 2025,’ says UBS.

‘A solid performance driven by North America. Organic revenue growth forecasts have been increased,’ indicates the analysis office.

Copyright © 2024 CercleFinance.com. All rights reserved.
The information and analyzes distributed by Cercle Finance only constitute a decision-making aid for investors. Cercle Finance cannot be held responsible directly or indirectly following the use of information and analyzes by readers. It is recommended that any uninformed person consult a professional advisor before making any investment. This indicative information does not in any way constitute an inducement to sell or a solicitation to buy.

Did you like this article ? Share it with your friends using the buttons below.


Twitter


Facebook


Linkedin


E-mail





Source link -85