Dassault Systèmes: Invest Securities ups target price
(CercleFinance.com) - As part of a global reflection on the world of product lifecycle management software, Invest Securities reiterates its "buy" rating on Dassault Systèmes, having raised its target price for the share from 124 euros to 128 euros.
In a sector where momentum and earnings growth are the main drivers, the broker believes that with accelerating organic growth in 2019 and the group's aims in terms of mergers and acquisitions, Dassault Systèmes is a stock to watch.
The broker also has a buy rating on Nemetschek (initiates coverage), with the group's ability to maintain one of the strongest organic growths in its sector. However, it has "neutral" ratings on the ESI Group and Visiativ stocks and finally a "sell" rating on Aveva.
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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.
In a sector where momentum and earnings growth are the main drivers, the broker believes that with accelerating organic growth in 2019 and the group's aims in terms of mergers and acquisitions, Dassault Systèmes is a stock to watch.
The broker also has a buy rating on Nemetschek (initiates coverage), with the group's ability to maintain one of the strongest organic growths in its sector. However, it has "neutral" ratings on the ESI Group and Visiativ stocks and finally a "sell" rating on Aveva.
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.