(News Bulletin 247) – Following the publication, on Friday, of a turnover of 1395ME in Q1 ‘2% above expectations’, Oddo BHF maintains its Outperformance opinion on the Sopra Steria share and raises its price target from 236 to 242E.
“Excluding a significant slowdown in the market in Q2, the group should be able to raise its annual guidance next July,” notes the analyst.
‘We believe that the title can continue its good stock market performance, driven by this strong Q1 growth and the prospect of an increase in guidance in July, and this, while the valuation remains low’, further notes Oddo BHF.
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