Pluxee: the stock stands out, Berenberg upgrades to buy

(CercleFinance.com) - Pluxee was one of the strongest risers on the SBF 120 index on Tuesday morning on the Paris Bourse, following a recommendation upgrade by Berenberg.


At around 9.40 am, the shares of the issuer of restaurant vouchers gained 0.7%, while the SBF was only up 0.1% at the same time.

Berenberg says it has raised its recommendation to 'buy' from 'hold', while maintaining its target price of 30 euros, which represents a potential upside of 35% compared with yesterday's closing price.

In a sector note, the financial intermediary considers that the company continues to make good progress towards its medium-term objectives, and that its current stock market valuation more than incorporates the risk of potential earnings disappointments.

On the stock market, Pluxee shares - introduced at the beginning of 2024 - lost 39% last year, but have gained more than 18% since the beginning of 2025.

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