(News Bulletin 247) – Oddo BHF reiterates its ‘underperformance’ opinion on Atos and lowers its price target from 11.2 to 10.6 euros, after the failure of the discussions of the IT services group with Airbus which, according to him ‘plunged the market back into doubt’.
‘If TFCo shows encouraging signs of recovery, Evidian’s performance worries us, especially in the face of a slowdown in the cycle’, judges the analyst, for whom a more intense specific restructuring plan could be necessary.
The design office considers that ‘the group’s financial situation remains very constrained, which limits the strategic options and the creation of value’, and that the risk-return ratio seems to it ‘still unfavorable’.
Copyright (c) 2023 News Bulletin 247. All rights reserved.
I have over 8 years of experience working in the news industry. I have worked as a reporter, editor, and now managing editor at 247 News Agency. I am responsible for the day-to-day operations of the news website and overseeing all of the content that is published. I also write a column for the website, covering mostly market news.
