You know: for there Cabot ‘little room for growth
Caboto Sim issued a moderately negative opinion on the title, also confirms the fair value of 18.3 euros. “The group shows strong growth in casualty branches,” says the report, “in life insurance there is a disappointing decrease in the collection to the parent. Well the trend of banks. ” Cabot believes that a strong exposure in class Car is a punitive element in the light of the profitability of the group: “We believe that the group has neither the ability to outperform its sector or the market. The weakness in non-life insurance business in the bancassurance channel is not opens exciting prospects when we take into account the risk factor related to the renewal of agreements with the MPS Group. ” Currently, the title represents a price of 18.7 euros, down by 1, 31%.