ASML : Oddo BHF remains positive ahead of quarterly results
Despite the share's very good performance over the year (+34%), there's still some upside", points out the analyst, noting that while the valuation may seem high, with a PE of 50 times for 2024, it is 30 times for 2025 and 27 times for 2026 due to expected growth.
Ahead of the quarterly results on April 17, Oddo BHF expects a fairly weak first quarter, in line with guidance, but believes that the market's attention will be focused on orders for the period, which it anticipates will exceed expectations.
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