(News Bulletin 247) – While leaving its price target at 0.5 euro, Oddo BHF downgrades its opinion on Orpea from ‘neutral’ to ‘underperformance’, taking advantage of the publication of 2022 figures to bring its position into line with a still reserved stock market perception.

The research department has adjusted its projections to take into account the publication of the final 2022 figures, now anticipating by 2025 an EBITDA of 671 million euros (instead of 745 million) and a net debt of 3.7 billion ( instead of 4.8 billion).

“The media crisis seems to be fading, the transformation, it remains progressive”, warns the analyst, who “for several months, prefers to stay away” from the title of the addiction care group.

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