EuroCommercial : Eurocommercial, low valuation while capturing inflation, what is not to like?
>We increase our target price to €26, while reiterating our Outperform recommendation - In our large Benelux retail report of December 2021 we were expecting a positive year for retail real estate. We were expecting retail REITs to benefit from a post Covid normalization and upgraded Eurocommercial to Outperform. Then came the war in Ukraine leading to an accelerated in inflation and weaker consumer confidence. The big question is if the positives of reopening post Co...
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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