Home > Analyse
Actualite financiere : Actualite bourse

Thales: Oddo adjusts target price

(CercleFinance.com) - Oddo confirms its buy rating on the Thales share after organising a roadshow with management.

However, the broker has cut its target price to 120.5 euros (against 126 euros) after analysts adjusted their estimates.

Oddo emphasizes a more cautious approach that rules out any further unpleasant surprises. In the Space sector, the recovery is taking longer and it slower than expected, Oddo says. Meanwhilem the Defense & Security sector is continuing with its existing trend.

Oddo adds that target order-taking of 18 billion euros for 2019 has been reiterated.

Copyright (c) 2019 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.