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31/03/20 -"The cut in the target price is due to the downgrade of our estimates with an impact on the DCF and the comparison-based valuations. The economic scenario adopted is a negative effect of the ..."

Pages
48
Language
English
Published on
31/03/20
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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

CONFLICTS OF INTEREST

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Trading in corporate shares NO
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Advising of corporate (strategy, marketing, debt, etc) NO
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