We reiterate our BUY rating on Colruyt but reduce our target price from €48 to €45.5 following the profit warning management issued on Friday. Colruyt's share price has corrected by c.15% following this release, despite consensus needing only to cut estimates by c.5% at EBIT level, in our view. Furthermore, we believe that the competitive environment should improve for Colruyt, as: (1) we lap tough comps on competitors opening stores on Sundays; and (2) Colruyt's potential to also open on Sunday...
Two Directors at Generali sold after exercising options/sold 242,984 shares at between 31.662EUR and 31.868EUR. The significance rating of the trade was 75/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the compa...
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