JCDecaux: UBS still a seller after quarterly sales
(CercleFinance.com) - UBS maintains its "sell" rating on JCDecaux with an unchanged target price of 14.
5 euros, which suggests downside potential of 10% for the share of the outdoor advertising group.
"Despite in-line Q420 revenues and a 14% share price fall ytd we retain our Sell rating with earnings at risk from ongoing mobility restrictions," the broker says.
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