Vinci: UBS confirms buy rating
(CercleFinance.com) - UBS confirms its buy rating on the Vinci stock with a target price of E127 after its February traffic figures, which the analyst says remains good.
Vinci announced that passenger traffic at Vinci Airports increased by 59.4% in February 2023, compared to February 2022.
Meanwhile, traffic on Vinci Autoroutes' intercity networks fell by 1.6% between February 2022 and February 2023, for both light vehicles (-1.4%) and heavy goods vehicles (-2.5%).
Copyright (c) 2023 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.
Vinci announced that passenger traffic at Vinci Airports increased by 59.4% in February 2023, compared to February 2022.
Meanwhile, traffic on Vinci Autoroutes' intercity networks fell by 1.6% between February 2022 and February 2023, for both light vehicles (-1.4%) and heavy goods vehicles (-2.5%).
Copyright (c) 2023 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.