Report
FLASH - Maurel & Prom - Strong Buy - TP €3.0
Buoyed by the rise in Brent crude prices, Maurel & Prom reported strong growth in Q4 sales (+84%) at a higher level than expected ($153m vs. PZP $147m). Following the update of our estimates, we have raised our price target from €2.9 to €3.0 and maintain our Strong Buy (1) opinion on the stock.
Underlying
MAUREL & PROM
Provider
Portzamparc Sponsored
Portzamparc is a subsidary of BNP Paribas which adapted the mission to contribute to responsible and sustainable growth of private clients, management companies and SMEs . They offer personalized support adapted to the objectives in particular for Small and Medium-Sized Enterprises.
Nicolas Montel
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