Sopra Steria: sharp increase







Photo credit © OCpictures

(Boursier.com) — Sopra Steria clearly outperformed the market this weekend, with a gain of 3.7% to 197.9 euros. The title of the IT services group, which has been at its highest level for two months, is supported by a note from HSBC which considers the company still attractive, even after its rally of almost 40% this year. “Sopra Steria offers a resilient profile of revenue growth and margin expansion,” the bank writes. She considers the valuation attractive despite the gains since January 1. Sopra has the potential to surprise positively in terms of turnover and margin, as well as to self-finance new acquisitions thanks to its solid balance sheet, adds the broker.


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