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Some changes in the comparison-based valuation

04/06/19 -"The change in the target price derives from the comparison-based valuation. We reduced the premium from 25% to 15% on the EV/EBITDA, P/E and P/Book metrics and cancelled the premium on the dividend ..."

Pages
45
Language
English
Published on
04/06/19
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EXECUTIVE SUMMARY

Updates Pension Risks
Target & Opinion Governance & Management
Business & Trends Graphics : Momentum
Money Making Graphics : MACD & Volumes
Debt Graphics : Sensitivities
Valuation Sector: Performance
DCF Sector: Key data
NAV/SOTP Sector: Ratios & Valorisation
Worth knowing Sector: Peers
Financials Sector: Analysis

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