Edenred’s Strong Growth and Strategic Initiatives Justify Buy Rating

David Vignon, an analyst from Stifel Nicolaus, maintained the Buy rating on EDENRED (0MUM – Research Report). The associated price target remains the same with €43.00.

David Vignon has given his Buy rating due to a combination of factors that highlight Edenred’s strong performance and growth potential. The company reported a solid increase in operating revenue, with a notable 7.1% like-for-like growth, driven primarily by its Mobility segment and significant growth in Latin America. This performance aligns with market expectations and underscores the effectiveness of Edenred’s strategic initiatives, particularly in its Beyond Food and Beyond Fuel segments, which have shown impressive growth rates.
Furthermore, Edenred’s financial outlook remains robust, with the company reiterating its 2025 guidance for a 10% EBITDA growth, surpassing consensus expectations. The firm’s ability to maintain stable other revenue despite global interest rate fluctuations, alongside a strong dividend yield, adds to its attractiveness as an investment. These factors combined suggest a promising trajectory for Edenred, justifying the Buy rating assigned by David Vignon.

According to TipRanks, Vignon is a 2-star analyst with an average return of 0.3% and a 50.00% success rate.