Dassault Systemes: down, a broker reiterates his opinion

(CercleFinance.com) - Dassault Systemes is down nearly 2% in Paris after Jefferies confirmed its 'underperform' recommendation on the stock with an unchanged price target of E27.


' Downward revisions to FCF leave Dassault Systemes on a high FCF yield. On the other hand, we believe that the FCF consensus remains too high and is likely to be subject to a negative revision', says the analyst.

As long as there is no evidence that Dassault Systemes can deliver sufficient growth to justify its valuation, we remain cautious," adds the analyst.

In our opinion, the share price trend in 2024 merely reflects the deterioration in FCF", it concludes.

Copyright (c) 2025 CercleFinance.com. All rights reserved.