Report
Gerardo Ibanez ...
  • Marc Lavaud
  • Michael Foundoukidis
  • Steven Boumans

ODDO BHF Small & MIDCAP MORNING NEWS - 12/09/2021

Our targets for 2022 are based on ODDO BHF's central macroeconomic scenario, which is characterised by still very dynamic growth and inflation which is expected to normalise in H2. Should this scenario materialise, we expect EPS growth to be well above (+23%) the consensus (+8%) and consequently we would have an ambitious target of 556 pts (+17%) for the Stoxx 600. The main risks to this positive view remain in our view: 1/ inflation that refuses to normalise 2/ rekindled fears about ...
Underlyings
Bigben Interactive SA

Bigben Interactive is engaged in designing and distributing accessories for video game consoles for the European markets (France, Germany, Belgium, Luxemburg, the Netherlands). Co.'s activities can be divided into four categories: design and distribution of accessories for video game consoles (controllers, steering wheels, memory cards, pistols); exclusive distribution of video game software; non exclusive distribution of video game consoles and software; publication and distribution of promotional products (USB keys, watches, electronic gifts, audio gifts).

Generix Group SA

Generix is engaged in the design and distribution of computer software. Co.'s software programs cover commercial management, accounting, production and the management of human resources.

Interparfums

Interparfums SA. Interparfums SA, also known as Interparfums, is a French-based company engaged in the design, manufacturing and marketing of fragrances. The Company designs, produces and distributes perfumes and cosmetics under such brands as Burberry, Boucheron, Burberry Beauty, Jimmy Choo, Lanvin, Montblanc, Nickel, Paul Smith, Repetto, S.T. Dupont and Van Cleef & Arpels, Karl Lagerfeld, among others. The Company is present in Switzerland, Germany, Spain, Italy, the United Kingdom, Singapore, the United States, among others. The Company operates through the subsidiaries, including Interparfums Suisse Sarl, Interparfums Deutschland GmbH, Interparfums Srl, Interparfums Ltd, Interparfums Luxury Brands and Interparfums Singapore. As of December 31, 2013 the Company's shareholder was InterParfums Holding with 73,1% stake in the Company.

MedinCell SA

Medincell SA. Medincell SA is a France-based manufacturer of biological products and pharmaceutical preparations. The Company is focused on the development of therapeutic solutions with worldwide access. The Company works on both for-profit and non-profit projects, in collaboration with partners ranging from pharmaceutical corporations to physicians, from biotechnology firms to academics and foundations. Its range of products consists of three products in development phase: mdc-IRM, a subcutaneous injection in phase III clinical study for the treatment of schizophrenia; mdc-CWM, an intra-articular injection in phase II clinical study for the treatment of post-surgical pain and inflammation; mdc-TJK, a subcutaneous injection for the treatment of schizophrenia, as well as a number of other products that are in the research phase, such as mdc-WWM, which is a subcutaneous injection for contraception, and mdc-ELK, a subcutaneous injection for the treatment of depression, among others.

Sixt Leasing AG

Sixt Leasing Se. Sixt Leasing SE is a Germany-based company engaged in automobile leasing. It reports two business segments: Leasing, consisting of Fleet Leasing and Online Retail business fields, and Fleet Management. Fleet Leasing covers full-service leasing for large corporate customers, including lease financing, as well as fleet management, allowing companies with large vehicle fleets to outsource the entire management of their fleet. The offering also includes consultation and advice for vehicle selection, vehicle procurement, vehicle maintenance over the entire contract period, management of tire replacements, as well as solutions for the transparent return of vehicles. Online Retail offers leasing solutions for private and commercial customers through its online platforms sixt-neuwagen.de and autohaus24.de. The Fleet Management segment is covered by the subsidiary Sixt Mobility Consulting GmbH and manages large fleets for customers who purchased or leased their vehicles from other providers.

TUI AG

TUI is engaged in the tourism business, operating in some 180 countries. Co.'s segments include Hotels & Resorts, Cruises and Other Tourism. The Hotels & Resorts segment comprises all Group-owned hotels and hotel companies in TUI Group. The segment comprises majority participations in hotels, joint ventures with local partners, stakes in companies. The Cruises segment consists of Hapag-Lloyd Cruises and the joint venture TUI Cruises. Other Tourism segment comprises central functions such as destination services, IT, aviation control and the French airline Corsair.

Wereldhave N.V.

Wereldhave is an independent international property investment company. Co. is principally involved in leasing out investment property under operating leases. Co.'s activities are spread over four property sectors and across six European countries - the Netherlands, Belgium, Finland, France, Spain and the United Kingdom - and three regions in the United States. Co. creates value by actively managing shopping centres, through sound timing in the purchase and sale of offices and residential property, and by developing its own property at cost. Co. is a closed-end investment company with variable capital.

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
Gerardo Ibanez

Marc Lavaud

Michael Foundoukidis

Steven Boumans

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