Elior: UBS maintains buy rating, cuts target price
(CercleFinance.com) - UBS has reinstated its "buy" rating on Elior Group, while trimming its target price for the share from 14.
8 euros to 13.7 euros, which suggests upside potential of 16% for the catering and services group.
After the group published its 2017-18 results last week, the broker remains positive towards the share, explaining, " We see upside risk from the strategic review of concessions".
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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.
8 euros to 13.7 euros, which suggests upside potential of 16% for the catering and services group.
After the group published its 2017-18 results last week, the broker remains positive towards the share, explaining, " We see upside risk from the strategic review of concessions".
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.