Vinci gains 2% to outperform the trend in Paris, helped by positive comments from brokers, including Barclays, which reiterates its 'overweight' recommendation, with a price target raised from 6% to 120 euros, on the construction and concessions group's stock.

Vinci is rightly recognized as a defensive cash cow, but we believe that investors are not giving it enough credit for the operating leverage of airports and the growth potential of energies/Cobra IS", he judges.

Similarly, Oddo BHF confirms its 'outperform' opinion on Vinci and adjusts its price target to 123 euros, from 118 euros previously, based on the recalibration of its financial model following the group's recent publication.

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