Hannes Leitner, an analyst from Jefferies, maintained the Hold rating on Worldline (0QVI – Research Report). The associated price target remains the same with €7.40.
Hannes Leitner has given his Hold rating due to a combination of factors impacting Worldline’s financial performance. The company’s Q4 revenues showed a slight decline, falling short of expectations and indicating weaker organic growth than anticipated. This underperformance was reflected in the EBITDA, which was also below projections due to increased operating expenses.
Looking ahead, the guidance for 2025 suggests flat growth with no improvement in EBITDA margins, although there is an expectation for an increase in unlevered free cash flow. The new CEO, Vacheron, faces the challenge of stimulating growth while maintaining strict cost controls. These elements contribute to a cautious outlook, justifying the Hold rating as investors await clearer signs of improvement.
According to TipRanks, Leitner is a 5-star analyst with an average return of 14.1% and a 56.25% success rate.
In another report released on February 11, Kepler Capital also maintained a Hold rating on the stock with a €7.25 price target.