Kepler Capital Sticks to Its Buy Rating for Nexans (0IGF)
In a report released on June 26, Matteo Bonizzoni from Kepler Capital maintained a Buy rating on Nexans (0IGF – Research Report), with a price target of €136.00. The company's shares closed last Thursday at €102.20.
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According to TipRanks, Bonizzoni is a 5-star analyst with an average return of 15.1% and a 57.66% success rate. Bonizzoni covers the Industrials sector, focusing on stocks such as Prysmian SpA, Buzzi SpA, and Danieli & C.Officine Meccaniche SPA.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Nexans with a €121.00 average price target, representing a 18.40% upside. In a report released yesterday, UBS also maintained a Buy rating on the stock with a €130.00 price target.
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