Vinci: UBS positive for infrastructure traffic
(CercleFinance.com) - UBS has reinstated its "buy" recommendation on the Vinci stock, maintaining its target price of 96 euros, which represents upside potential of 8% for the construction and concessions group, with the broker saying, "stock still on 9.
5% IRR".
"Airport traffic looks stronger (based on seat capacity data) and motorways in France are likely less disrupted in Q1," the broker says in its report on the stock.
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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.
5% IRR".
"Airport traffic looks stronger (based on seat capacity data) and motorways in France are likely less disrupted in Q1," the broker says in its report on the stock.
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.