Report
Gregory Ramirez

Model update post Q1 2023 results

We reiterate our Buy rating and our DCF-derived PT of EUR57 following the conference call held yesterday post Q1 2023 results. We have reduced our adj. EPS ests. by 8% for 2023 (headwinds from the interest rate cap and the interest rate swap), 5% for 2024 and 2% for 2025 and have shaved our adj. EB
Underlying
Provider
Bryan Garnier
Bryan Garnier

Since 1996, Bryan, Garnier & Co has been growing with an absolute conviction that the investment banking landscape would experience a major revolution: most of the large local generalist banking groups will disappear to the benefit of a handful of global powerhouses, and an emerging group of independent, highly specialised boutique investment banks.

Analysts
Gregory Ramirez

Other Reports on these Companies
Other Reports from Bryan Garnier

ResearchPool Subscriptions

Get the most out of your insights

Get in touch