NRJ Group : Upward revision to our target price (€ 6.8)
>Revision of our target price to € 6.8 (vs € 6) - NRJ Group held a conference call yesterday following the publication of its Q2 2020 results. We have revised up our valuation to € 6.8 (vs € 6) per share to factor in the sale of the 10% stake in Euro-Information Telecom the value of which was much higher than we had expected. The valuation of the other activities is unchanged. In light of the limited upside, we reiterate our Neutral recommendation on the stock. As we ...NRJ Group is engaged in the multimedia industry, particularly in France's private radio market. Co. also operates in 22 other countries, as of Dec. 31, 2012. Co. works as a publisher, producer, and brodcaster, while marketing its own media space. Co. also develops new media such as television, internet and mobile telephony. Co.'s core business consists of creating and developing media, whether it be radio stations, television or the Internet. Co.'s operations can be divided into six segments: Musical Media and Events; Television; International Activities; Shows and Other Productions; Broadcasting and Other Activities. Co.'s brands are NRJ, NOSTALGIE, CHERIE FM, RIRE and CHANSONS.
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.