Accueil > Actualité
Actualite financiere : Actualite bourse

Rexel: Credit Suisse raises target price

( - Credit Suisse maintains its "neutral" rating on the Rexel share, despite raising its corresponing target price from 10 euros to 11.
5 euros, stating that analysts "await a more attractive entry point" for the electrical supply distributor's stock.

While reducing its 2020-22 EPS estimates by 3.5% after H1 results, the broker sees "evidence of Rexel's resilience through the downturn" and expects it to "emerge stronger" from it.

"We see scope for the company's market positioning to improve structurally as its digital investments pay off," the broker continues, although it believes that the consensus expectations already reflect this.

Copyright (c) 2020 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.