Solid fundamentals but a tight valuation
17/08/20 -"The moderate change in the target price derives from the updating our model. Like always, the overall valuation is penalised by the use of IFRS figures which include various charges such as the ..."
Pages
58
Language
English
Published on
17/08/20
You may also be interested by these reports :
13/08/26
We are incorporating HCSS into our estimates. On the top line, the impact is almost immediate, contributing more than 500 bps to growth in 2026. By ...
10/08/26
The week to 07-08 was as AI intent and volatile as can be, with the Nasdaq up 5.2% and the S&P500 up 3.5% while the Stoxx600 managed ‘only’ 1.7%. The ...
05/08/26
We are raising our NAV, driven by stronger conviction in SAP. The H1 2026 results validate our investment thesis: current cloud backlog growth ...
31/07/26
We are raising our model estimates slightly, for two reasons: First, results came in stronger than expected. This quarter now places the company ...