Analyst Hannes Leitner from Jefferies maintained a Hold rating on PLUXEE N.V. (PLX – Research Report) and keeping the price target at €20.40.
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Hannes Leitner’s rating is based on a combination of factors including the anticipation of Pluxee’s upcoming financial results and the current regulatory environment in France. The analyst does not foresee any significant surprises in the company’s performance, as the regulatory conditions are expected to remain generally supportive, albeit with potential minor adjustments in the final legislation.
In terms of operational performance, Leitner expects Pluxee to maintain its current trajectory, influenced by changes in comparative metrics. However, the prospect of declining interest rates is likely to impact the company’s financial outcomes, particularly in areas outside of its core operations. These elements contribute to the Hold rating, reflecting a balanced view of potential risks and opportunities.
In another report released on June 9, Barclays also maintained a Hold rating on the stock with a €26.00 price target.