NewsNewsDetails
Barclays Maintains Buy Rating on Nexans
Businessinsider
59m ago
Ai Focus
Barclays analyst George Featherstone maintained a buy rating on Nexans on October 13, setting a target price of 181 euros. The stock closed at 131.10 euros last Tuesday. TipRanks shows that Featherstone ranks 3,871st out of 12,448 analysts. The market generally believes that the consensus rating for Nexans's analysts is a strong buy, with an average target price of 174 euros, implying a potential increase of 32.72% from the current level. Jefferies also upgraded the stock to a buy on October 11, with a target price of 158 euros. Nexans's latest quarterly financial report as of June 30 shows that the company's quarterly revenue was 4.74 billion euros, with a net profit of 103 million euros; in the same period last year, revenue was 4.7 billion euros and the net profit was 372 million euros.
Helpful
No.Help

Barclays analyst George Featherstone maintained a buy rating on Nexans on October 13, setting a target price of 181.00 euros. The company's stock price closed at 131.10 euros last Tuesday.

According to TipRanks, Featherstone ranks 3,871st out of 12,448 analysts.

The general opinion on Street shows that analysts at Nexans have rated it as a strong buy, with an average target price of 174.00 euros, implying a potential increase of 32.72% from the current level. Jefferies also released a report on October 11th, upgrading the stock's rating to buy with a target price of 158.00 euros.

According to the latest quarterly financial report released on June 30th by Nexans, the company's quarterly revenue was 4.74 billion euros, with a net profit of 103 million euros. In contrast, during the same period last year, the company's revenue was 4.7 billion euros, and the net profit was 372 million euros.

Tip
$0
Like
0
Save
0
Views 18
HQYC reminds readers to view blockchain rationally, stay aware of risks, and beware of virtual token issuance and speculation. All content on this site represents market information or related viewpoints only and does not constitute any form of investment advice. If you find sensitive content, please click“Report”，and we will handle it promptly。
Submit
Comment 0
Hot
Latest
No comments yet. Be the first!
Related
Anthropic Quarterly revenue soars 45% to $16.8 billion, Claude Developers prepare for potential $2 trillion IPO
Anthropic disclosed during an investor presentation on October 14 that its revenue in the third quarter of 2026 reached $16.8 billion, a 45% increase from the previous quarter. The company is preparing for a potential IPO to be held as early as November, with a valuation that could exceed $2 trillion. However, its growth rate has slowed significantly compared to earlier in the year, and the high AI infrastructure investments, along with profitability, remain a focus of concern.
Coinpaper
·2026-10-15 22:09:34
9
Your $500,000 mortgage could be packaged into a $1 billion bond even if you don't sell your house.
The article introduces the workings of the secondary mortgage market in the United States: banks can sell mortgage loans without transferring ownership of the property, and then package these loans further into mortgage-backed securities. It is reported that the terms of the borrowers' mortgage contracts generally do not change as a result of the sale of the loans. If there is a change in the loan servicing institution, borrowers are usually notified in advance and enjoy the protections provided by federal regulations.
Coinpaper
·2026-10-15 22:09:31
8
TSMC expects revenue in the fourth quarter to reach up to $54.3 billion, AI chip stocks suffer global selling pressure
TSMC stated that its revenue for the fourth quarter is expected to be between $52.3 billion and $54.3 billion. Previously, the company's revenue in the third quarter was $46.72 billion, with net profit reaching a new high of approximately $23.6 billion. Despite the strong performance outlook, global semiconductor stocks are still under pressure, as investors are growing more concerned about the sustainability of the investment boom in AI and the rising financing costs.
Coinpaper
·2026-10-15 22:09:28
11
ViaBTC Launches New User Promotion: 50% Discount on Mining Pool Fees for 30 Days
ViaBTC Announces the Launch of "Starting a New Chapter with ViaBTC" Campaign. New users who register from October 16, 2026, at 8:00 AM to November 15, 2026, at 8:00 AM (Hong Kong Time) will receive a 50% discount coupon on mining pool fees. This discount is valid for 30 consecutive days after activation and applies to mining on BTC, LTC, ZEC, BCH, KAS, and DASH.
PR Newswire
·2026-10-15 21:56:45
15
Inspira Enterprise hires Kelly Bissell as Chief Strategic Advisor
Inspira Enterprise announces that former Microsoft Corporate Vice President Kelly Bissell will assume the role of Chief Strategic Advisor to assist in formulating the company's global cybersecurity strategy. The company states that this move will support its next phase of growth in the United States and global markets, as well as enhance its cybersecurity service capabilities for the AI era.
PR Newswire
·2026-10-15 21:56:39
14
View More
Latest from Author
Refresh
arrow
TSA The new security scanner has a smaller opening, so some luggage may not be able to pass through, but most can still be accommodated.
TSA The new security scanner has a smaller opening, so some luggage may not be able to pass through, but most can still be accommodated.
09-26 23:29   340peopleViews
Micron Technology's stock price fluctuated before its Q4 financial report on September 30; institutions are optimistic about the demand for AI and the increase in storage chip prices.
Micron Technology's stock price fluctuated before its Q4 financial report on September 30; institutions are optimistic about the demand for AI and the increase in storage chip prices.
09-26 21:59   320peopleViews
OpenAI Reveals that AI Proxy Once Accessed Public Data from SEC
OpenAI Reveals that AI Proxy Once Accessed Public Data from SEC
09-26 09:45   350peopleViews
Recommended