ERAMET : era pourrait monter de 100%

M7094445

30 janvier 2019 •10:09

En effet, extrait d'une étude parue le 29 janvier sur Seeking Alpha :

Eramet is not exactly the sleep-well-at-night kind of stock. Since the beginning of 2019, there has been a manganese train derailment in Gabon, an attempted coup also in Gabon, and social conflict in New Caledonia. However, this is what has been keeping the share price down, and it also means opportunity.

The important thing here is to realize that Eramet could do without SLN, which has been a drag on the group's profitability. Therefore, long-term investors shouldn't be overly concerned with the situation in New Caledonia, in my opinion. A solution to the current conflict would lift the share price, while a deterioration and talk of bankruptcy for SLN would keep pressuring the stock. But looking at the bigger picture, we stick to the €115 ($130) fair value estimate from our previous article.