Avolta stock rating upgraded to Outperform by BNP Paribas Exane

Published 07/08/2025, 12:22
Avolta stock rating upgraded to Outperform by BNP Paribas Exane

Investing.com - BNP Paribas (OTC:BNPQY) Exane upgraded Avolta AG (SWX:AVOL) from Neutral to Outperform on Thursday, raising its price target to CHF51.00 from CHF41.10.

The upgrade follows strong first-half 2025 performance in Avolta’s key regions, with like-for-like revenue exceeding relevant traffic benchmarks in both EMEA and North America.

BNP Paribas Exane highlighted Avolta’s diversification across segments at scale as a unique advantage among its peers, noting this characteristic is not commonly found among competitor companies.

The research firm expressed new confidence in the thesis of an eventual convergence between Retail and Food & Beverage segments, contributing to the more positive outlook.

The significant price target increase reflects BNP Paribas Exane’s expectations for stronger revenue and margins at similar pro-forma capital expenditure levels.

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