(News Bulletin 247) – Invest Securities maintains its ‘buy’ recommendation and its price target of 12 euros on Mercialys, after the presentation of ‘good quality’ nine-month turnover with a very high occupancy rate (97% ) while still showing a clearly positive reversion’.

- Advertisement -

“Even if the operational data (frequentation and turnover of the brands) remained well oriented, they do not yet make it possible to judge the impact of inflation on discretionary consumption”, estimates the analyst.

The research department remains confident in the property company’s ability to post regular growth in its medium-term dividend, and leaves its perception of risk as well as its forecasts for Mercialys unchanged.

- Advertisement -

Copyright (c) 2022 News Bulletin 247. All rights reserved.