Suez: Oddo confirms rating after 'roadshow'
(CercleFinance.com) - Oddo maintains its buy rating on the Suez stock, along with its target price of 15.
60 euros, following the group's roadshow with management in Geneva.
The group confirmed the continuation of trends over the first half of 2018 over the summer period. In France, the group's water business benefited from the heatwave in July and August, albeit with a relatively high comparison basis in 2017 (+0.5%), Oddo explained.
The group's management also confirmed that the expected changes in governance should occur between Q4 2018 and February 2019.
Copyright (c) 2018 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.
60 euros, following the group's roadshow with management in Geneva.
The group confirmed the continuation of trends over the first half of 2018 over the summer period. In France, the group's water business benefited from the heatwave in July and August, albeit with a relatively high comparison basis in 2017 (+0.5%), Oddo explained.
The group's management also confirmed that the expected changes in governance should occur between Q4 2018 and February 2019.
Copyright (c) 2018 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.