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JCDecaux SA (0MGO) Receives a Buy from Barclays

JCDecaux SA (0MGO) Receives a Buy from Barclays

In a report released on May 6, Julien Roch from Barclays maintained a Buy rating on JCDecaux SA (0MGO – Research Report), with a price target of €24.00.
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Roch covers the Communication Services sector, focusing on stocks such as Universal Music Group, Interpublic Group of Companies, and Omnicom Group. According to TipRanks, Roch has an average return of -0.1% and a 41.50% success rate on recommended stocks.
In addition to Barclays, JCDecaux SA also received a Buy from Kepler Capital 's Conor O'Shea in a report issued on May 2. However, yesterday, TD Cowen maintained a Hold rating on JCDecaux SA (LSE: 0MGO).
Based on JCDecaux SA's latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of €1.97 billion and a net profit of €164.5 million. In comparison, last year the company earned a revenue of €1.83 billion and had a net profit of €171.4 million

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