CDA: Oddo BHF still a buyer after results

(CercleFinance.com) - Oddo BHF has reiterated its 'outperform' rating on Compagnie des Alpes (CDA) shares, with a target price maintained at E22, following the ski resorts and leisure parks group's 2023-24 results.


The group's commitment to a medium-term EBITDA guidance is positive, and reflects solid confidence in business prospects, the analyst in charge of monitoring the share says.

The stock's valuation remains very modest, trading at a 2025 P/E of 6.1x times (i.e. a discount of around 50% on its historical P/E), Oddo BHF adds, also saying that the stock is included in its European Nextcap conviction list.


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