ODDO BHF Small & MIDCAP MORNING NEWS - 06/09/2021
We are initiating coverage of the classifieds sector with four new stocks: Adevinta (Outperform, target price NOK 200), Scout24 (Outperform, target price € 80), Auto Trader (Neutral, target price 585p) and Rightmove (Underperform, target price 600p). This report also features Prosus (Outperform, target price € 126) whose classifieds division is its main consolidated asset. Factoring in this division, the market capitalisation of the segment is € 41bn. The sector offers several strengt...voestalpine is engaged in the production, processing, and distribution of materials made of steel and in research and development in the areas of metallurgy, metal processing, and materials technology. Co.'s steel division focuses on the production and processing of flat steel products. Co.'s special steel division is involve in tool steel and high-speed steel. Co.'s metal engineering division is engaged in turnout technology, rails and treated wire, and tubes. Co.'s metal forming division is involve in tube products and precision strip steel as well as pre-finished system components. Co.'s other activities include heavy plate production, a foundry, and a number of downstream processes.
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.
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