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Actualite financiere : Actualite bourse

Sodexo: Oddo confirms rating before results.

(CercleFinance.com) - The group will unveil its annual results on 16 November.

Oddo expects 2017 results to be unsurprising. The broker expects organic growth of 1.7%, with EBIT excluding FX factors at the lower end of an 8%-9% target range.

Before this publication, Oddo confirms its buy rating on the stock, along with a target price of 117 euros.

In 2018: organic growth is expected to rebound (Oddo forecasts +2.5%), meanwhile there should be no halt in the group's margin growth (a priori, medium-term EBIT excluding FX growth target maintained at 8%-10%).

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