Plastic Omnium : Strengths confirmed despite still-limited visibility
>Plastic Omnium remains our Top Pick in the supplier segment - In light of the group’s H1 2019 earnings, we are maintaining our Buy recommendation on the stock with a € 30 target price. We have only slightly revised our estimates, in line with the group’s new guidance. We still prefer Plastic Omnium within the supplier space, given its greater capacity to outperform production but also to flex and reduce its costs in an environment that remains volatile and uncertain....Compagnie Plastic Omnium is a manufacturing and services company which partners with car manufacturers and local communities, through its two core businesses which are Automotive Equipment and Environment. Co.'s activities can be divided into two divisions: the Automotive division and the Environment division. The Automotive division designs, manufactures and sells vehicle body parts (exterior parts and modules) and plastic fuel systems. The Environment division provides products and services for local authorities, including waste pre-collection and management equipment and services, and road and highway signage.
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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.