(News Bulletin 247) – UBS confirms its advice to buy the stock and sets its target price at 101.5 E (against 101 E).
‘Continued progress should make it possible to obtain reassuring results for the first half of the year 23’ indicates UBS in its analysis of the day.
“We are making some adjustments to the currency-related forecasts but continue to see strong organic growth in the 2nd quarter of 2023 and slightly raise the price target to EUR 101.5” announces the analysis office.
It should be noted that Sodexo is maintaining its objectives for the 2023 financial year, namely organic growth expected between +8 and +10%, driven in particular by the impact of inflation of 4 to 5%, and an operating margin close to 5.5% at constant rates.
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