Seb: reassuring publication according to Oddo BHF

(CercleFinance.com) - Oddo BHF has reiterated its 'outperform' rating on Groupe Seb, along with its E140 TP, on the heels of a trading update deemed reassuring, with sales in line with estimates and renewed margin guidance for 2024.


In a complex geopolitical and macroeconomic environment, this publication testifies to the dynamism of the small domestic equipment market, supported by innovations, the analyst says.

In the medium term, Seb will benefit from its exposure to China and possible measures to support consumption. On this basis, the share's valuation still seems relatively modest, he continues.


Copyright (c) 2025 CercleFinance.com. All rights reserved.
The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.