Trigano: Portzamparc still a buyer before sales published.
(CercleFinance.com) - Trigano will publish its Q4 sales on Tuesday.
Broker Portzamparc expects them to reach 364 million euros, up 27% (+15% like-for-like).
The broker's analysts confirm their buy rating on the stock with a target price of 128 euros.
Portzamparc pointed out: 1/ 9.9% growth in the European (new) camping car market in June, 2/ a further acceleration of sales in July in France (+13.5%), and 3/ the group's continuous gain in market share (particularly in Germany) lead us to target quarterly like-for-like sales growth of +15% at 364 million euros.
Copyright (c) 2017 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.
Broker Portzamparc expects them to reach 364 million euros, up 27% (+15% like-for-like).
The broker's analysts confirm their buy rating on the stock with a target price of 128 euros.
Portzamparc pointed out: 1/ 9.9% growth in the European (new) camping car market in June, 2/ a further acceleration of sales in July in France (+13.5%), and 3/ the group's continuous gain in market share (particularly in Germany) lead us to target quarterly like-for-like sales growth of +15% at 364 million euros.
Copyright (c) 2017 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.