Bryan Garnier - SOMFY (DAMA.PA) SOMFY | BUY - Top Picks | EUR111 vs. EUR107 A wise choice in uncertain times

Report

Bryan Garnier

Eric Lemarie

SOMFY | BUY - Top Picks | EUR111 vs. EUR107 A wise choice in uncertain times

Not immune to the virus but assessment limited so far
A pragmatic strategy vs the big names
Acquisition maybeâ€¦ shareholder return maybeâ€¦
Buy-TP reiteratedâ€¦

11/03/2020 5 EN

Underlying

SOMFY

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Provider

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.

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Analysts

Eric Lemarie

Other Reports on these Companies

Bryan Garnier

SOMFY: Better 1H22 margin than expected, attractive valuation despite weakening demand | BUY | EUR155

SOMFY - BUY | EUR155 Better 1H22 margin than expected, attractive valuation despite weakening demand Margins proved more resilient than expected in 1H22 despite lower 2Q22 demand As expected, volumes should remain negatively oriented in 2H22 BUY reiterated, TP EUR155

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SOMFY | BUY - Top Picks | EUR111 vs. EUR107 A wise choice in uncertain times

SOMFY: Better 1H22 margin than expected, attractive valuation despite weakening demand | BUY | EUR155

SOMFY BUY | EUR155 Lower than expected Q2 sales: the storm is coming earlier and stronger than expected

TECHNOLOGY Excessive relative derating for Schneider and Somfy

ONWARD: from brainGPT to ARC-BCI – fireside chat with the founders

Avantium: joint-development progress in textiles

Egetis: Article highlights Emcitate's broad efficacy in MCT8 deficiency

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