The stock is trading at moderate P/Es historically, or 11× 2018E and 8.3× 2019E (situation on 19 November 2018). There is no catalyst for a rebound of the share price in the short term. Nevertheless, we maintain a positive recommendation in the medium term due to the need for customers to be up-to-date in their digital transformation.
20 Nov 2018
No catalyst for the share price rebound in the short term
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No catalyst for the share price rebound in the short term
Sopra Steria Group SA (SOP:PAR) | 0 0 0.2% | Mkt Cap: 3,148m
- Published:
20 Nov 2018 -
Author:
Hélène Coumes -
Pages:
3
The stock is trading at moderate P/Es historically, or 11× 2018E and 8.3× 2019E (situation on 19 November 2018). There is no catalyst for a rebound of the share price in the short term. Nevertheless, we maintain a positive recommendation in the medium term due to the need for customers to be up-to-date in their digital transformation.