CAPGEMINI : Oddo BHF adjusts its price target
The research firm anticipates a significant deterioration in first-quarter growth (-4%) compared with the fourth quarter (-0.9%), "due to difficult base effects and weak demand for discretionary projects".
According to Oddo BHF, the recovery in growth should be gradual over 2024, and it is marginally adjusting its annual organic growth forecast (+0.5% vs. +1% previously) as well as its currency assumptions.
Copyright (c) 2024 CercleFinance.com. All rights reserved.
The information and analyses published by Cercle Finance are intended solely as a decision-making aid for investors. Cercle Finance cannot be held responsible, directly or indirectly, for the use of information and analyses by readers. Uninformed investors are advised to consult a professional advisor before investing. This information does not constitute an invitation to sell or a solicitation to buy.
Go to the original article.
Contact us to request a correction