Teleperformance: UBS maintains buy rating

(CercleFinance.com) - The analyst highlights a robust start to the year and reiterates his buy rating on the stock with a target price of 430 euros (current price: 336 euros, +3.
3%).

Q1 2022 sales reached 1,962 million euros, up 6.5% LFL and 14.6% as reported y-o-y.

"TEP's Q1 organic growth was a small beat, helped by resilient e-economy clients and a recovery in pandemic-hit segments. UBS underlying EPS rise +1%," the broker said.



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