Thales: cyber as leverage







Photo credit © NASA – Thales

(Boursier.com) — Thales fell slightly by 0.3% to 132.50 euros this Monday, while the group decided to pay an interim dividend of 0.80 euros per share for the current 2023 financial year. This deposit will be detached on December 5, and paid on December 7, 2023. Among the latest broker opinions, Berenberg raised the cursor from 160 to 165 euros with a purchase opinion on the value. Goldman Sachs had previously adjusted its target from 163 to 168 euros with a buy rating on the aeronautical equipment manufacturer, while Jefferies had increased its recommendation on the stock to ‘buy’ with a target raised to 160 euros. The analyst believes that the investment story has now shifted to “cyber”, as the latest fighter jet of Dassault Aviation, the Rafale, gives good momentum. Free cash flow performance will improve significantly over the 2023-2025 period, the broker added…


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