Report

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 08/28/2019

Scor is due to present its new three-year Quantum Leap plan on 4 September. The group is expected to be able to post further strong organic growth while benefiting from a favourable trend in its P&C combined ratio. As such, despite a low-rate environment, it should be in a position to exceed the RoE target (the spread vs risk-free rate could be upped by around 50-100bp) of its previous plan. But we are maintaining our Neutral recommendation, as the upside is quite limited relative to ...
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.

Other Reports from Oddo BHF
Matthias Desmarais
  • Matthias Desmarais
Matthias Desmarais
  • Matthias Desmarais
Florent Laroche-Joubert ... (+3)
  • Florent Laroche-Joubert
  • Roy Külter
  • Steven Boumans

ResearchPool Subscriptions

Get the most out of your insights

Get in touch