Teleperformance: Oddo still a buyer, noting 'Confidence'

(CercleFinance.com) - On Monday an analyst at Oddo BHF confirmed his "buy" rating on the Teleperformance share, appreciating the group's confidence in growth this year.


The Téléperformance group has once again demonstrated its ability to record strong growth with a continued improvement in profitability. An acquisition would accelerate its earnings growth, which would take the spotlight off relatively high multiples (2020e EV/underlying EBITDA: 20x), which analysts say are justified by the group's growth profile.

Oddo BHF therefore confirms its target price of 250 euros, meaning upside potential of 7% at lunchtime on Monday.


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