ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 06/01/2018
The best-in-class story is attractive, with a recovery in organic growth confirmed and scope for an improvement in margins, but these prospects are priced in to the current valuation. We maintain our Neutral recommendation, with a revised target price of CHFÂ 2,800. Cf. equity report published today. - ...Accord Financial, through its subsidiaries, is engaged in providing asset-based financial services, including factoring, financing, leasing, credit protection and receivables management, to industrial and commercial enterprises, mainly, in Canada and the U.S. Co.'s clients operate in many different industries, including apparel, financial and professional services, leasing, manufacturing, wholesale and distribution, transportation, chemicals, electronics, oilfield services, telecommunications, textiles, furniture, sporting goods, footwear, floor coverings, printing and industrial products. In addition, through Varion Capital Corp., Co. is involved in equipment financing businesses.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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