Rubis: the stock joins Portzamparc's 'High Five
In its note, the research firm refers to "growth at a discount", as it forecasts growth of at least 30% in the Group's net income this year, while its Enterprise Value/Ebitda multiple stands at 4.9x, far from its five-year average of 9.2x.
Portzamparc has issued a 'buy' recommendation on the stock, together with a price target of 36.6 euros, indicating a 70% upside potential.
At around 10:40 am, the share price was up 0.4%, after having gained up to 0.7% at the start of the session.
Copyright (c) 2023 CercleFinance.com. All rights reserved.
Go to the original article.
Contact us to request a correction