UBS has reiterated its Buy recommendation on Vinci, with a price target of E134, following the announcement that airport traffic remained stable overall in June. This price target still leaves 27% upside potential for the stock.

Vinci's June traffic stabilized at 102% of 2019 levels, slightly below the UBS forecast of 104%, but roughly in line with recent trends' says UBS.

Vinci announced last night that its network welcomed nearly 81 million passengers this quarter, representing growth of 8.2% compared with 2023 (or +1.8% compared with 2019).

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