Management's cautious 2020 outlook forced us to lower our projections as well
13/11/19 -"In general, we have not changed our valuation metrics, but lower earnings and dividends in the coming years than previously expected translate into a lower target price and, hence, in a continuously ..."
Pages
55
Language
English
Published on
13/11/19
You may also be interested by these reports :
17/12/25
The cadence of F80 deliveries will have a meaningful impact on upcoming results; however, we do not believe this calls into question the group’s ...
09/12/25
Despite our lower near-term expectations for Michelin, we remain positive on the company’s long-term equity story, supported by strong fundamentals. ...
05/12/25
In early 2023, Tier-1 auto suppliers briefly enjoyed enhanced pricing power as supply-chain disruptions shifted bargaining leverage away from OEMs. ...
02/12/25
Strong buy and hold recommendation