Report
Martial Descoutures

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 06/09/2021

We are initiating coverage of the classifieds sector with four new stocks: Adevinta (Outperform, target price NOK 200), Scout24 (Outperform, target price € 80), Auto Trader (Neutral, target price 585p) and Rightmove (Underperform, target price 600p). This report also features Prosus (Outperform, target price € 126) whose classifieds division is its main consolidated asset. Factoring in this division, the market capitalisation of the segment is € 41bn. The sector offers several strengt...
Underlyings
ADLER Real Estate AG

ADLER Real Estate provides commercial and residential project development services in the form of improvement, planning, development and construction, as well as asset management services and property management services. Adler is also engaged in the acquisition, sale, renting and financing of real estate. Co. also provides international and national joint venture activities and acts as co-investor in the acquisition of real estate portfolios.

Nexi S.p.A.

Nexi SpA. Nexi SpA is an Italy-based financial technology company. The Company is specialized in the payment technology field offering digital services and infrastructure to banks, businesses, institutions and the public administration.

Novartis AG

Novartis is a multinational healthcare group based in Switzerland. Co. provides healthcare solutions that address the evolving needs of patients and societies worldwide. Co.'s broad portfolio includes innovative medicines, eye care products and cost-saving generic pharmaceuticals. Co.'s operations are organized along three operating divisions: Innovative Medicines Division; Sandoz Division; and Alcon Division. Co.'s operations are supported by the Novartis Institutes for BioMedical Research and Novartis Business Services.

Provider
Oddo BHF
Oddo BHF

​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.

Analysts
Martial Descoutures

Other Reports on these Companies
Other Reports from Oddo BHF

ResearchPool Subscriptions

Get the most out of your insights

Get in touch