FFP : ANR : -5% sur 2018 mais +13% depuis début 2019 – Décote à 43%
FFP publiera son ANR à fin 2018 le 18 mars prochain. Nous l’estimons à 148 € par titre en baisse de 5% sur 2018. Depuis début 2019, nous estimons le rebond à 13% à 167 € par titre. Opinion Achat maintenue pour bénéficier d’un double levier sur la valorisation : progression de l’ANR (le track-record est excellent) et réduction de la décote (niveau historiquement élevé de 43%). OC revu en baisse à 131 € vs 136 € avant. - >ANR en baisse de 5% à 148 € /titre à fin 2018 … - §...Societe Fonciere, Financiere ACT is an investment holding company which acts as a long-term investor and an active shareholder. As of Dec 31 2010, Co. held 22.1% of the share capital of PSA Peugeot Citroen. Co. usually purchases minority stakes in companies with a large family shareholding. Co. has a portfolio of private equity funds which operate mainly in Europe and countries with emerging economies. Co. also operates a financial investment and cash management business, as well as a real estate and wine-producing businesses.
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.