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ubs downgrades valeo to neutral and cuts price target to eight euros

UBS has downgraded Valeo from "Buy" to "Neutral," reducing its price target from 13 to 8 euros. Analyst David Lesne highlights significant risks to market expectations for the automotive supplier, citing uncertainties related to CO2 reduction, tariffs, VW strikes, and ongoing restructuring in the automotive sector.
07:59 03.12.2024

ubs downgrades valeo to neutral with target price cut to eight euros

UBS has downgraded Valeo from "Buy" to "Neutral," reducing its price target from 13 euros to 8 euros. Analyst David Lesne highlights significant risks to market expectations for the automotive supplier, citing uncertainties related to CO2 reduction, tariffs, and ongoing restructuring in the automotive sector.
07:46 03.12.2024

ubs downgrades valeo to neutral with price target cut to eight euros

UBS has downgraded Valeo from "Buy" to "Neutral," reducing its price target from 13 to 8 euros. Analyst David Lesne highlights significant risks to market expectations for the automotive supplier, citing uncertainties related to CO2 reduction, tariffs, and ongoing restructuring in the industry. As of December 3, Valeo's stock is trading at 7.474 euros, reflecting a decline of 3.41%.
06:59 03.12.2024

UBS maintains buy rating for Continental with target price of 80 euros

UBS has maintained a "Buy" rating for Continental AG, setting a target price of 80 euros. Analyst David Lesne highlights Continental as a leading tire manufacturer in Europe, expressing optimism for the sector despite potential tariff issues following the Trump election. The company is noted for its high payout potential, with a dividend yield possibly approaching 10%.
16:57 22.11.2024

ubs maintains buy rating for michelin with target price of 40 euros

UBS has maintained its "Buy" rating for Michelin, setting a target price of 40 euros. Analyst David Lesne noted that while Continental is favored in the European tire market, Michelin still delivers strong returns, albeit with some cash being allocated for restructuring efforts.
08:13 22.11.2024

ubs maintains buy rating for continental shares with target price of 80 euros

UBS has maintained a "Buy" rating for Continental shares, setting a target price of 80 euros. The share price's future performance hinges on investor expectations regarding a potential spin-off of the automotive division by the end of 2025. Currently, shares are trading at EUR 62.96, reflecting a 27.06% upside potential.
11:37 15.11.2024

ubs maintains buy rating for continental with target price of 80 euros

UBS has maintained a "Buy" rating for Continental, setting a target price of 80 euros. Analyst David Lesne noted that the stock's performance will largely hinge on investor expectations regarding the potential spin-off of the automotive division by the end of 2025, which currently appears to be viewed as unlikely.
10:45 15.11.2024

ubs maintains buy rating for continental shares with target price of 80 euros

UBS AG has maintained a "Buy" rating for Continental shares, setting a target price of 80 euros. The share price, currently at EUR 62.96, reflects a low probability of the planned spin-off of the automotive division occurring before the end of 2025, despite a potential upside of 27.06%. Since the start of 2024, the share price has decreased by 15.2%, with the Q4 2024 balance sheet expected on March 6, 2025.
10:37 15.11.2024

ubs maintains buy rating for continental with target price of 80 euros

UBS has maintained a 'Buy' rating for Continental, setting a target price of 80 euros following an investor conference. Analyst David Lesne highlighted the progress in separating the Automotive segment as a key factor in this decision. Continental AG, known for its tires and automotive equipment, has a diverse sales distribution across various regions and product families.
20:02 13.11.2024

ubs maintains buy rating for continental with target price of 80 euros

UBS has maintained its "Buy" rating for Continental, setting a target price of 80 euros following an investor conference. Analyst David Lesne highlighted the progress of the separation of the Automotive segment as a key factor in this decision.
20:02 13.11.2024
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