(News Bulletin 247) – Berenberg renewed on Monday its recommendation to buy the Telepeformance share with a target price of 225 euros.
After a roadshow organized in London, the financial intermediary believes that the acquisition of Majorel – for an amount of some 2.4 billion euros – could be the next catalyst for the rise of the title.
The analyst indeed underlines that Majorel is much better positioned than Teleperformance on the French and German markets.
Berenberg also notes that the company is aiming for organic growth between 6% and 11% this year, which is higher growth than other customer experience specialists.
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