Tikehau Capital: BofA resumes buying hedging


(CercleFinance.com) – Bank of America resumed coverage of the Tikehau Capital stock on Friday with a buy recommendation and a target price of 30 euros, praising the group’s structural growth and its “attractive” valuation on the stock market.

In a research note, the American bank says it appreciates the exposure of the specialist in alternative investments to the growing segment of private debt, its expertise in niche strategies and with client-investors as well as its diversified portfolio of assets. .

The Wall Street firm adds that the stock’s valuation is attractive, with a 10% discount to the rest of the sector based on its 2024 forecast.

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