Orpea: stock remains upbeat after interim results
(CercleFinance.com) - The Orpea share is continuing on its bullish trend, rising almost 2% in three trading sessions: it has now risen by around 16% since the start of 2018.
The broker Portzamparc, a specialist in Parisian small- and mid-caps, hails the group's interim results, which were published the previous day. Maintaining their buy rating on the stock of the dependency management specialist, analysts have raised their target price for the share to 138 euros.
A research note hails a publication that is bang in line with the broker's expectations and those of the consensus, despite the fall in the group's EBITDAR margin, which reflects the dilution resulting from acquisitions and developments in new countries. The note also highlights "contained" financial expenses, despite capex, and a lower cost of debt.
Copyright (c) 2018 CercleFinance.com. All rights reserved.
The broker Portzamparc, a specialist in Parisian small- and mid-caps, hails the group's interim results, which were published the previous day. Maintaining their buy rating on the stock of the dependency management specialist, analysts have raised their target price for the share to 138 euros.
A research note hails a publication that is bang in line with the broker's expectations and those of the consensus, despite the fall in the group's EBITDAR margin, which reflects the dilution resulting from acquisitions and developments in new countries. The note also highlights "contained" financial expenses, despite capex, and a lower cost of debt.
Copyright (c) 2018 CercleFinance.com. All rights reserved.