Vinci: UBS welcomes acquisition of Gatwick Airport

(CercleFinance.com) - UBS reiterates its "buy" recommendation on the Vinci stock, having increased its corresponding target price from 93.
5 euros to 96 euros, which suggests upside potential of 32% for the share of the French construction and concessions group.

In its note, the broker says "We take a closer look" at the acquisition of Gatwick Airport by Vinci, and "think the deal creates value," and considers that this transaction will generate value.


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