Accueil > Actualité
Actualite financiere : Actualite bourse

Publicis: Credit Suisse still neutral, but raises TP

( - Crédit Suisse estimates that Publicis will post negative organic growth of 6.
5% for FY 2020.

After a 5.6% fall in Q3, revenues in Q4 are therefore expected to decline by 5% in Q4, the broker predicts.

Crédit Suisse highlights the impact of FX factors on Publicis' revenues: it estimates falls at -1% in 2020 and -4% in 2021. However, these effects are expected to be zero in 2022, the analyst predicts, estimating that this period will be a "year of recovery".

The broker is thus revising its operating profit estimates for 2020 (-3%), 2021 (-5%) and 2022 (+1%).

Crédit Suisse has increased its target price for the share to 44 euros (vs. 35.8 euros previously - current price: about 43 euros). "Given limited upside to our TP we maintain a Neutral rating," on the stock, the broker concludes.

Copyright (c) 2021 All rights reserved.
The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.




Qui sommes-nous ? | Nous contacter | FAQ | Mentions légales | RSS | © Copyright 2007 Cercle Finance. Tous droits réservés.
Indices et cours différés d’au moins 15 mn | Cotations boursières fournies par ABC Bourse.