Wendel : Update suite à l’article du JDD. Achat maintenu et OC 110 € vs 90 € alors que la décote reste de 38%.
>Un article que nous avons du mal à comprendre… - Le JDD, dans son édition de ce WE, met en avant des difficultés supposées au sein du groupe Wendel, auxquelles nous avons du mal à adhérer. Les griefs mis en avant par certains sont principalement : i/ pas assez de deals, (et d’incarnation de la société), ii/ baisse de la valeur de l’action et 3/ dividende jugé faible.Sur le faible nombre de deals et la prudence du management - Sur le premier point, il...Wendel is an investment company specializing in acquiring long-term holdings in industrial and services companies. Co.'s activities can be divided into six main divisions. Through Bureau Veritas, Co. provides conformity assessment services and certification. Through Stahl, Co. is engaged in high performance coatings and leather finishing products. Through Saint-Gobain, Co. manufactures, transforms and distributes construction materials. Through Legrand, Co. specializes in electrical and digital building infrastructures. Through Deutsch, Co. provides high-performance connectors. Through Materis, Co. provides specialty chemicals for construction.
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.