Accueil > Actualité
Actualite financiere : Actualite bourse

AMS: Liberum downgrades buy rating

(CercleFinance.com) - Liberum has downgraded its "buy" rating on the share of Austrian semi-conductor AMS, now recommending investors "hold" the share.
Alongside this downgrade, the broker has cut its corresponding target price from 65 Swiss francs to 45 Swiss francs, "Given the increased uncertainty that the bid brings" on Osram. 

The broker says that it is cautious towards this offer and its potential to create value: while is admits that this deal helps in diversifying the group's revenues (from the smartphone to the automotive sectors), Liberum believes that Osram's business faces structural challengers that will not be easy for it to solve.

It also considers that AMS "seems to be betting on the successful commercialisation and growth of a number of early stage technologies within OSRAM and AMS," and warns that success in these domains is not guaranteed.



Copyright (c) 2019 CercleFinance.com. All rights reserved.
The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.
 

societes

marches

tendances

 
Qui sommes-nous ? | Nous contacter | FAQ | Mentions légales | RSS | © Copyright 2007 Cercle Finance. Tous droits réservés.
Indices et cours différés d’au moins 15 mn | Cotations boursières fournies par ABC Bourse.