Goldman Sachs Group Reiterates €34.00 Price Target for JCDecaux (EPA:DEC)

JCDecaux (EPA:DEC) received a €34.00 ($39.53) target price from investment analysts at Goldman Sachs Group in a research report issued to clients and investors on Thursday, September 19th, Borsen Zeitung reports. The firm presently has a “buy” rating on the stock. Goldman Sachs Group’s price target suggests a potential upside of 43.95% from the stock’s previous close.

Other analysts also recently issued research reports about the company. JPMorgan Chase & Co. set a €25.00 ($29.07) price target on JCDecaux and gave the company a “neutral” rating in a research report on Tuesday, August 27th. Deutsche Bank set a €30.00 ($34.88) target price on JCDecaux and gave the stock a “neutral” rating in a research report on Tuesday, July 30th. Five analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of €29.38 ($34.16).

Shares of DEC traded down €0.02 ($0.02) during trading hours on Thursday, reaching €23.62 ($27.47). 304,982 shares of the company’s stock traded hands, compared to its average volume of 205,577. The firm’s 50 day simple moving average is €24.70. JCDecaux has a 12 month low of €27.02 ($31.42) and a 12 month high of €36.90 ($42.91).

JCDecaux Company Profile

JCDecaux SA engages in outdoor advertising activities worldwide. The company operates in three segments: Street Furniture, Transport, and Billboard. The Street Furniture segment is involved in advertising in shopping malls; renting street furniture; selling and renting equipment; and the provision of cleaning, maintenance, and other services.

Further Reading: Fundamental Analysis

Analyst Recommendations for JCDecaux (EPA:DEC)

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