(CercleFinance.com) – Barclays reaffirms its ‘overweight’ recommendation on Vinci with a price target raised from 132 to 140 euros, explaining ‘adopt a positive position on the segment for 2024’ and estimating that ‘share prices offer potential substantial increase’.
In its sector note, the broker also highlights ‘neglected near-term growth, strong inflation hedges to fuel margin expansion, and above-average growth and execution over the medium term’ .
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