Elis: Stifel still a buyer after meeting
(CercleFinance.com) - Stifel reiterates its "buy" rating on the Elis share, along with its target price of 19.
5 euros, following a meeting with the industrial laundry group's top management duo.
"Overall, the message was broadly neutral in our view, with steady top-line trends but still some uncertainties related to cost inflation, and particularly the volatile backdrop of energy," the broker summarised.
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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.
5 euros, following a meeting with the industrial laundry group's top management duo.
"Overall, the message was broadly neutral in our view, with steady top-line trends but still some uncertainties related to cost inflation, and particularly the volatile backdrop of energy," the broker summarised.
Copyright (c) 2022 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.