Thales: under pressure

Photo credit © Nasa – Thales

( — Thales has been yo-yoing on the stock market in recent days. The decline prevails on Tuesday with an action that yields 1.5% to 121.4 euros, in the last positions of the CAC40. It must be said that UBS downgraded the Defense group to ‘neutral’ despite a price target raised from 123 to 135 euros. Thales benefits from macroeconomic trends in terms of geography and portfolio, but the consensus seems to value it more effectively than BAE or Dassault, says the Swiss bank.


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