(News Bulletin 247) – Invest Securities reiterates its ‘buy’ opinion on Sopra Steria with an adjusted target price of 228 to 222 euros, new target showing a potential of +13%, after the point of activity of the group for of the first trimester.
“Like other players in IT services, the start of 2023 is solid, making it possible to consolidate cautious 2023 guidance which is likely to be raised when management will have more visibility in the second half of the year”, judges the ‘analyst.
The research department adds that the profile ‘balanced (mix of defensive activity, reasonable valuation, new management ambitions and accretive impact of acquisitions)’ seems to him ‘always interesting in the current context’.
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