Verallia: stock up on broker comments

(CercleFinance.com) - Going against a bearish Paris market, Verallia shares are up over 1%, boosted by comments from Jefferies, which has begun to monitor the the glass packaging manufacturer's stock with a "buy" rating and a target price of 37 euros.


The broker says that Verallia is the largest glass packaging player in Europe, with clear competitive advantages in terms of size and track record, adding that it sees it supported by structural headwinds in its end markets.


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