Va profiter longtemps de la révolution de l'auto - ACHAT vs NEUTRE, OC 55€ vs 44€
Si les résultats S1 17 publiés hier étaient sans surprise au niveau groupe, l’amélioration de la visibilité de l’activité dans l’automobile et les commentaires du management hier nous rendent très confiants sur les perspectives de la société. Nous adoptons un biais plus positif (auto/Allemagne), intégrant une croissance organique plus forte et l’objectif de 10% de marge visé par le groupe en Allemagne, qui nous semblait jusqu’ici difficile à atteindre. Grâce à l’amélioration des marges en France et donc surtout en Allemagne, nous attendons un TMVA de +17,2% sur l’EBITA 16- 19. Malgré la forte hausse du cours hier (+6,8%), nous passons à l’ACHAT vs NEUTRE avec un OC de 55€ vs 44€ préc.Akka Technologies is an engineering and technology consultancy company. Co. bases its service around two areas which enable it to cover the full life cycle of a product: information and systems technology and engineering. Co.'s activities can be divided into six areas: Mechanical Engineering, Process Engineering, Document Engineering, Industrial Information Technology and Embedded Systems, Information Systems and Consulting. Co. operates mainly in France, Belgium and Germany. Co also operates in Italy, Romania, Switzerland, Spain, England and Canada.
Since 2006, Invest Securities has become one of the leading players in investment services for funds and managers, to whom we offer a global and personalised service. Our track record differentiates us and proves our leadership in numerous promising sectors like property and growth companies.
Consisting of 13 different profiles (pharmacist, engineer, financier, etc), the DNA of our financial analysis office is value added and sector expertise. Through daily monitoring and detailed analyses of companies and sectors, we seek to provide a differentiating vision of our 120 stocks followed. Our ideas are circulated every day to nearly 1,000 professionals.
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