CNP Assurance: Oddo raises target price
(CercleFinance.com) - Despite the publication of lower-than-expected 9m sales and and income - notably due to charges relating to Covid-19, the CNP Assurances group offers attractive yield prospects, Oddo says.
The analyst reiterates his buy rating on the stock, having nudged up his corresponding target price to 14.7 euros (compared with 14 euros), in order to take into account the prospect of an additional capital distribution to shareholders in the future.
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