Report
Benoit Valleaux ...
  • Steven Gould

Grupo Catalana Occidente S.A. : Maintien d’un cap favorable au T3 2023

>Opinion Surperformance réitérée – OC porté à 48.0 € (vs 44.0 €) - Notre opinion Surperformance sur GCO ressort confortée post chiffres T3/9M 2023, considérant toujours intéressante la valorisation au regard des fondamentaux solides et du profil de niche du groupe (sous-performance relative de 4 pp vs secteur YTD & de 13 pp sur 1 an). Nous ajustons en hausse nos estimations de RN sur 2023-25e (+7% en moyenne) alors que le momentum sur les 2 activités (assurance tradit...
Underlying
Grupo Catalana Occidente S.A.

Grupo Catalana Occidente is an insurance group based in Spain. Co. is engaged in insurance and reinsurance activities, including commercial, life, disability, and automobile insurance. Co. is also engaged in the sale of annuities and pension funds. Co.'s operations are organized along two businesses: Traditional business (insurance) and Credit Insurance business. Co.'s main markets are located in Spain, Germany, United Kingdom, France and the Netherlands. Co. maintains a presence in more than 40 countries.

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
Benoit Valleaux

Steven Gould

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