Report

Ipsos : Evolution of coverage

As part of the rotation of our coverage, we are terminating the coverage with recommendation of the following issuers: Apcoa, Bel, Elis, Ipsos, Klöckner Pentaplast and Spie.
The previous credit opinions and market recommendations are listed in the table below. We will continue to follow the newsflow of these issuers in the Credit Morning (light coverage).
We plan to initiate the coverage of new issuers soon.

Issuer
Previous credit opinion
Previous market reco
Date of the last report
Current coverage
Apcoa
Stable
Buy
26/09/2024
Light coverage
Bel
Stable
Buy
04/04/2024
Light coverage
Elis
Positive
Buy
05/02/2024
Light coverage
Ipsos
Negative
Buy
16/01/2025
Light coverage
Klöckner Pentaplast
Negative
Neutral
05/12/2024
Light coverage
Spie
Stable
Buy
22/05/2025
Light coverage
Underlyings
Elis SA

Elis is a multi-service group in the rental, laundry and maintenance of textile, hygiene and well-being items in Europe and Latin America. Co. serves hundreds of thousands of customers of all sizes, belonging to various professional customer segments: hospitality, healthcare, industry, trade and services. Co. also has a manufacturing business carried out by two entities, Le Jacquard FranASSais and Kennedy Hygiene Products which together form one of the company's operating segments.

IPSOS

Ipsos is an independent survey-based research group based in France. Co. focuses exclusively on the production, interpretation, and distribution of information gathered from individuals about their views, desires, attitudes, and behaviors. It uses two principal methods of survey-based research: Quantitative research and Qualitative research. Co. organizes its business around six areas of specialization: Advertising Research; Marketing Research; Media Research; Opinion and Social Research; and Customer Relationship/Management Research. In addition, it divides its operations into five geographical areas: Europe, North America, Latin America, Asia-Pacific, and Middle East.

SPIE SA

Spie is a provider of electrical engineering and IT services and an infrastructure and building contractor. Co. helps to design, finance, manage and implement an array of projects ranging from high-speed TGV and conventional rail lines to metros and light rail systems. In addition, Co. offers telecom and information network services. Through the Commercial Segment, Co. is engaged in construction and renovation projects. Co. also offers wired building services as well as multi-disciplinary industrial maintenance and facilities management solutions.

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.

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