Teleperformance (0J6X) Gets a Hold from Goldman Sachs

Goldman Sachs analyst Suhasini Varanasi maintained a Hold rating on Teleperformance today and set a price target of €93.00. The company’s shares closed last Friday at €70.32.

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According to TipRanks, Varanasi is a 3-star analyst with an average return of 2.2% and a 50.32% success rate. Varanasi covers the Industrials sector, focusing on stocks such as Ashtead, Intertek, and Ferguson PLC.

Currently, the analyst consensus on Teleperformance is a Moderate Buy with an average price target of €109.73, representing a 56.04% upside. In a report released on August 4, UBS also maintained a Hold rating on the stock with a €92.00 price target.

Based on Teleperformance’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of €5.2 billion and a net profit of €232 million. In comparison, last year the company earned a revenue of €4.39 billion and had a net profit of €331 million

Based on the recent corporate insider activity of 15 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 0J6X in relation to earlier this year.