Goldman Sachs Sticks to Their Hold Rating for Teleperformance (0J6X)
In a report released today, Suhasini Varanasi from Goldman Sachs maintained a Hold rating on Teleperformance, with a price target of €82.00. The company’s shares closed yesterday at €63.32.
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Varanasi covers the Industrials sector, focusing on stocks such as Ashtead, Bureau Veritas, and Ferguson PLC. According to TipRanks, Varanasi has an average return of 1.3% and a 46.63% success rate on recommended stocks.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Teleperformance with a €109.25 average price target.
Based on Teleperformance’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of €5.12 billion and a net profit of €249 million. In comparison, last year the company earned a revenue of €5.08 billion and had a net profit of €291 million
Based on the recent corporate insider activity of 17 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.
