Jefferies analyst Hannes Leitner maintained a Hold rating on EDENRED (0MUM – Research Report) today and set a price target of €29.80.
Hannes Leitner has given his Hold rating due to a combination of factors affecting Edenred’s current performance and outlook. The trading trends for Edenred in the first quarter of 2025 appear to be consistent with the previous quarter, with the exception of certain extraordinary factors. The company’s revenue growth is expected to remain limited, which suggests that cost management will be crucial for meeting the financial guidance for 2025.
Additionally, the lack of consistent revenue acceleration may lead to continued pressure on valuation multiples. Another point of concern is the recent departure of Edenred’s long-term Chief Financial Officer, which introduces uncertainty into the company’s financial strategy and execution. These elements combined contribute to the Hold rating, as they present both challenges and areas of potential stability for the company.
Based on the recent corporate insider activity of 20 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of 0MUM in relation to earlier this year.