Worldline: Citi upgrades to 'Buy'
(CercleFinance.com) - Citi has upgraded its neutral rating on the Worldline share to buy, raising its corresponding target price from 54 euros to 71 euros.
According to analysts, after the share's fall since the summer (down over 10% in three months), the share now offers "an attractive entry point".
Citi distinguishes the French specialist in dematerialised payments for its growth, associated with "a disciplined execution" which is raising its margins. In addition, the sector has a speculative side to it.
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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.
According to analysts, after the share's fall since the summer (down over 10% in three months), the share now offers "an attractive entry point".
Citi distinguishes the French specialist in dematerialised payments for its growth, associated with "a disciplined execution" which is raising its margins. In addition, the sector has a speculative side to it.
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.