Atos: Aurel BGC downgrades stock to 'hold'.
(CercleFinance.com) - In an analysis released on Tuesday morning, following the publication of Atos' Q3 accounts, Aurel BGC has downgraded its rating on Atos from "buy" to "hold," while maintaining its target price of 129 euros.
While this publication, which is in line with expectations, does not bring the group to adjust its FY targets, which therefore remain unchanged, the broker believes that the stock's very sound stockmarket performance title now limits expected upside, unless the group announces another acquisition.
In its opinion, the figures published should not have a significant impact on the share price, or significantly alter the consensus, and this third quarter only reinforces the group's ability to deliver organic growth that is in line with the targets set in its 2019 plan.
Copyright (c) 2017 CercleFinance.com. 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.
While this publication, which is in line with expectations, does not bring the group to adjust its FY targets, which therefore remain unchanged, the broker believes that the stock's very sound stockmarket performance title now limits expected upside, unless the group announces another acquisition.
In its opinion, the figures published should not have a significant impact on the share price, or significantly alter the consensus, and this third quarter only reinforces the group's ability to deliver organic growth that is in line with the targets set in its 2019 plan.
Copyright (c) 2017 CercleFinance.com. 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.