(CercleFinance.com) – The title ends the session in the green taking advantage of a profitable analysis from Credit Suisse. The design office on Friday raised its price target on the Teleperformance share, raised from 390 to 420 euros, while renewing its ‘outperformance’ opinion on the specialist in customer experience management.
In a research note, the broker emphasizes having revised upwards by 4% its earnings per share (EPS) forecasts for the group for 2022 and 2023 following the announcement of the acquisition of Senture in the United States.
‘We believe that Teleperformance is able to take advantage of trends favoring outsourcing and digitization to generate organic revenue growth close to 10% (‘ high single digit ‘) over the four years coming soon, ‘says Credit Suisse.
According to the broker, this dynamic should allow the specialist in call centers ‘to devote its excess cash to mergers and acquisitions (M&A) operations to both create value and extend its geographical positioning’.
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