(CercleFinance.com) – Vinci takes 2% and thus outperforms the trend in Paris, helped by positive comments from brokers, including Barclays which reiterates its ‘overweight’ recommendation, with a price target raised by 6% to 120 euros, on the title of the construction and concessions group.
“Vinci is rightly recognized as a defensive cash cow, but we believe investors don’t give it enough credit for airport operating leverage and Energies/Cobra IS growth potential,” he said. .
Similarly, Oddo BHF confirms its ‘outperformance’ opinion on Vinci and adjusts its target price to 123 euros, against 118 euros previously, based on the adjustment of its financial model after the group’s recent publication.
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