(News Bulletin 247) – Deutsche Bank announced on Tuesday that it had resumed coverage of the Verallia share with a buy recommendation and a target price of 48 euros, showing an upside potential of around 40%.
In a research note, the analyst said he appreciated the investment case made by the world number three and European leader in glass packaging for food and beverages.
The intermediary highlights in particular (1) market conditions deemed favorable, (2) its strong exposure to the most resilient and premium market segments, (3) its solid track record in terms of financial performance and (4) its lead in CSR issues.
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