STELLANTIS : price target raised by Oddo BHF
In its note, the research firm outlines its expectations for this meeting, 'whether in terms of strategic levers that are still underestimated, or (significant) potential for return to shareholders (close to 100% of current market capitalization by 2030)'.
We therefore feel it would be worthwhile to revisit the stock ahead of the CMD and half-yearly results, when Stellantis is once again by far the cheapest manufacturer (PE less than four times) after its recent exaggerated derating, in our opinion', he continues.
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