Report
Jean-François Granjon

Nexans : Feedback roadshow – Une recovery bien engagée – Achat (vs Neutre) – OC 40 € (vs 32 €)

>ROC révisé en hausse de 11/13% - Achat vs Neutre - Suite à un roadshow avec le nouveau management de Nexans, nous confirmons que le plan stratégique (« New Nexans ») présenté fin 2018 se déroule conformément aux attentes. Les résultats semestriels traduisent même une légère avance. Notre séquence de ROC 2019/20/21 est revue en hausse de 11/13%. Notre nouvel objectif de cours ressort à 40 € (vs 32 €) justifiant dès lors une opinion Achat (vs Neutre).Un ...
Underlying
Nexans SA

Nexans offers cables and cabling systems for the Infrastructure, Industry, Building and Local Area Network markets. Co.'s offering covers the research, design, manufacturing, installation, training, and network supervision and control. Co. operates under three segments: Energy (power cables for energy infrastructures, special cables for industry, and equipment cables for the building market), Telecom (cables for private telecommunications networks, junction components for telecommunications network cables, and copper and optical fiber cables for public telecommunications networks) and Electrical wires (wirerods, electrical wires and winding wires production operations).

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
Jean-François Granjon

Other Reports on these Companies
Other Reports from Oddo BHF

ResearchPool Subscriptions

Get the most out of your insights

Get in touch