Seb: up on broker initiation

(CercleFinance.com) - Seb is up 1%, bucking the trend in Paris, helped by favorable comments from UBS, which initiated coverage with a 'buy' recommendation and a price target of €138 on the small electrical appliance manufacturer's stock.


In the summary of its note, the broker considers that the group is 'well positioned to benefit from favorable long-term consumer trends and structural growth in the professional business'.

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