Analyst recommendations: Faurecia, Michelin, Valeo, Renault, Saint-Gobain, Euronext, GL Events

Posted Jan 20, 2023, 8:46 AMUpdated on Jan 20, 2023 at 9:11 am

Faurecia : Jefferies downgrades from “buy” to “underperform” and reduces its target price from 22 to 15 euros.

Reviewing the entire sector of automotive suppliers, the same broker raises its target price on Michelin from 1 euro, to 34 euros, but lowers that of Valeo from 15 to 14 euros.

Renault : RBC reduces its target from 33 to 31 euros.

Saint-Gobain : Deutsche Bank is aiming for 70 euros, once morest 80 previously.

Euronext : Credit Suisse has a new target price of 85 euros, once morest 82 previously, and Citi 103 euros, once morest 101.

GL Events : TP Icap Midcap raises its price target from 22 to 25 euros, remaining on the buy side.

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