Analysts' point of recommendation: Michelin, Valeo, Rexel, SEB …



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Update on badysts' recommendations of November 27

(BFM Stock Exchange) – Tuesday among the ratings of badysts, Goldman Sachs decreases its objectives on automotive equipment manufacturers, while new opinions appear on Neoen, Seb and Air France-KLM.

Air France-KLM (closing price Monday 10,20 euros): Berenberg raises its price target from 10.50 to 12 euros, by repeating its purchase notice.

Michelin (closing price Monday 94.68 euros): Neutral, Goldman Sachs lowers its target to 114 euros, instead of 126 euros.

Neoen (closing price Monday 19.30 euros): New monitoring at JPMorgan: the US bank displays a neutral opinion at the current price, estimating the fair value to 19.50 euros.

Rexel (closing price Monday 10.30 euros): Despite a target reduced from 12.10 to 11.70 euros, Credit Suisse raises its opinion to neutral, against underperformance.

SEB (closing price Monday 119.10 euros): Mainfirst anticipates an outperformance with a goal of 162 euros.

Valeo (closing price Monday 26.80 euros): Neutral, Goldman Sachs lowers its target to 27 euros, instead of 32 euros.

Guillaume Bayre – © 2018 BFM Stock Exchange

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