Stifel Nicolaus analyst Chandramouli Sriraman has maintained their bullish stance on 0HAZ stock, giving a Buy rating on February 13.
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Chandramouli Sriraman has given his Buy rating due to a combination of factors that point to potential growth opportunities for Capgemini SE. The company demonstrated a slightly better-than-expected performance in its Q4 organic revenue, with a decline of 1.5% compared to the consensus expectation of a 2.1% drop. This was supported by a notable acceleration in the Financial Services segment, which grew by 2.0% in Q4, a recovery from a previous decline.
Moreover, the UK market showed resilience with a growth rate of 1.5%, and there was an improvement in North America despite it still being in negative territory. Capgemini’s Q4 bookings increased by 1.9% year-over-year, reflected in a strong book-to-bill ratio of 122%, indicating a healthier environment for deal signings. Additionally, the company’s headcount has increased for two consecutive quarters, suggesting a commitment to expansion. While FY25 guidance remains cautious, the overall financial performance, including a free cash flow that surpassed expectations, supports the optimistic Buy rating.
In another report released on February 13, Kepler Capital also maintained a Buy rating on the stock with a €210.00 price target.