Elis shares rose nearly 1% in Paris, outperforming the market following UBS's initiation of coverage with a 'buy' recommendation and a price target of €27. The broker highlights Elis as a resilient company with strong leadership and promising growth prospects, noting that deleveraging allows for potential shareholder returns or M&A opportunities.
UBS has initiated a Buy rating on Elis, setting a target price of €27. The firm highlights the company's resilience and strong leadership, noting that recent deleveraging provides opportunities for shareholder returns or potential mergers and acquisitions.
UBS has initiated a Buy rating on Elis, setting a target price of €27. The firm highlights the company's resilience and strong leadership, noting that recent deleveraging provides opportunities for shareholder returns or potential mergers and acquisitions.
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