“Bel 20 Brussels Stock Exchange and European Markets Divide as Hesitant Wall Street Impacts Financial Markets”

The financial markets have lost almost all of their gain from the start of the session: the London Stock Exchange n’a advanced than 0.30%, the Paris stock exchange of 0.05% and the Frankfurt Stock Exchange by 0.02%. On the bond market, rates also changed little.

Closing values ​​on May 15 of the shares that make up the Bel 20 on the Brussels Stock Exchange:

AB InBev = 56,28 (56,28)

Ackermans – 160.00 (161.20)

Building + 70.55 (69.95)

Ageas + 40.87 (40.57)

Open + 32.98 (32.79)

arGEN-X + 375,30 (370,20)

Barco – 25,34 (25,36)

Cofinimmo – 78.70 (83.15) ex-cp

D’Ieteren + 165.80 (164.90)

Elia – 124,50 (124,60)

Galapagos + 38,62 (37,57)

GBL + 77,44 (77,12)

KBC + 61,62 (61,48)

Melexis – 83.45 (83.70)

Next + 7.63 (7.59)

Ear – 201.40 (202.40)

Solvay – 104,85 (107,45) ex-cp

UCB + 86,38 (85,24)

Umicore + 28,79 (28,59)

WDP + 26.88 (26.58)

Reviews of brokers for AB Inbev, Lotus Bakeries and Euronav:

AB Inbev (unchanged at 56.28 euros) was confirmed to “buy” at Citi Research, the target being raised from 67.5 to 68 euros during a study devoted to the brewing sector. “We expect a gradual return to normal for Bud Light sales in the United States, and strong volume growth in the Brazilian market”. At the same time, the broker raised its target on Heineken more markedly (+1.2% to 104.9 euros) from 118 to 130 euros. “The normalization of the inflationary environment should lead to less pressure on operating costs.”

Lotus Bakeries (-4.2% to 6120 euros) was lowered from “accumulate” to “hold” at KBC Securities, with a target set at 6600 euros. The analyst underlines that the group continues to invest heavily to increase its production capacities and stimulate its long-term growth, but he also points out that “the high valuation does not leave room for disappointment” with “an upside potential which is now limited”.

Euronav (-3.1% to 14.94 euros) was raised from “hold” to “buy” at Deutsche Bank, the target remaining unchanged at 20 dollars (18.4 euros). The analyst believes that the current price level is a good entry point. “The group is well positioned to take advantage of the solid fundamentals in the oil transport market”. He also points out that the medium-term outlook remains solid, given the moderate growth expected for the world tanker fleet.