In a report released today, Harishankar Ramamoorthy from Deutsche Bank maintained a Buy rating on Vinci SA (0NQM – Research Report), with a price target of €129.00. The company’s shares closed yesterday at €99.72.
According to TipRanks, Ramamoorthy is a 4-star analyst with an average return of 19.9% and a 65.52% success rate.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Vinci SA with a €131.73 average price target, which is a 32.09% upside from current levels. In a report released on November 25, Goldman Sachs also maintained a Buy rating on the stock with a €130.00 price target.
0NQM market cap is currently €56.81B and has a P/E ratio of 12.41.
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Vinci SA (0NQM) Company Description:
Vinci is one of the world’s largest investors in transport infrastructure. Significant concession assets include 4,400 kilometers of toll roads in France and 45 airports across 12 countries, making Vinci the world’s second-largest airport operator in terms of managed passenger numbers. The concession’s business contributes less than one fifth of group revenue but the majority of operating profit. Vinci’s contracting business is made up of three divisions, offering a broad variety of engineering and construction services.
