(News Bulletin 247) – Analysts are refining their recommendations this Thursday morning on Alstom, Axa, Forvia, Publicis, Société Générale, Spie, Ubisoft and Verallia

Alstom (closing price on Wednesday 16.77 euros): JP Morgan resumes its coverage of the stock with an outperformance recommendation and a price target of 21.80 euros.

Axa (closing price 31.97 euros): HSBC maintains its hold rating on the stock and slightly raises its target price from 34.50 euros to 34.80 euros.

Forvia (closing price 10.77 euros): Goldman Sachs maintains its buy rating but reduces its price target to 22 euros from 23 euros previously.

Publicis (closing price 99.06 euros): JP Morgan downgrades its recommendation to neutral from outperformance previously, but raises its price target to 110 euros.

Société Générale (closing price 23.095 euros): Jefferies remains a buyer of the file but slightly lowers its target price from 45.50 euros to 45.90 euros.

Spie (closing price 35.72 euros): Bernstein maintains its outperform rating on the file and raises the price target from 40 euros to 43.50 euros.

Ubisoft (closing price 22.45 euros): JP Morgan maintains its recommendation at neutral but raises its target price from 22 euros to 23 euros.

Verallia (closing price 29.24 euros) Citigroup maintains its buy opinion on the stock but lowers its price target from 48.5 euros to 44.5 euros.