Vinci: Gatwick, 'a Christmas present for ever' says Oddo
(CercleFinance.com) - The analyst Oddo BHF this morning welcomed the acquisition of 50.
01% of the shares in Gatwick airport.
"Gatwick will contribute its 'best in class' operational management to Vinci airports. The majority of these synergies (not evaluated) will be achieved in all the other airports owned by Vinci (not quantified). Vinci airports will provide Gatwick with its know-how in commercial activities. The 'Brexit' effect undoubtedly limited the competition and facilitated the negotiations," comments Oddo BHF.
The analyst is neutral on the shares with a price objective of E94, for a potential of +33%.
Copyright (c) 2018 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.
01% of the shares in Gatwick airport.
"Gatwick will contribute its 'best in class' operational management to Vinci airports. The majority of these synergies (not evaluated) will be achieved in all the other airports owned by Vinci (not quantified). Vinci airports will provide Gatwick with its know-how in commercial activities. The 'Brexit' effect undoubtedly limited the competition and facilitated the negotiations," comments Oddo BHF.
The analyst is neutral on the shares with a price objective of E94, for a potential of +33%.
Copyright (c) 2018 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.