{"id":374569,"date":"2025-08-26T09:22:11","date_gmt":"2025-08-26T09:22:11","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/374569\/"},"modified":"2025-08-26T09:22:11","modified_gmt":"2025-08-26T09:22:11","slug":"jpmorgan-upgrades-frances-bouygues-to-overweight-on-easing-risks-tradingview-news","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/374569\/","title":{"rendered":"JPMorgan upgrades France&#8217;s Bouygues to &#8216;overweight&#8217; on easing risks \u2014 TradingView News"},"content":{"rendered":"<p class=\"\">** J.P.Morgan upgrades French construction-to-telecoms group Bouygues <a href=\"https:\/\/www.tradingview.com\/symbols\/EURONEXT-EN\/\" class=\"container-ekXxv5Y5 symbolTag-cwMMKgmm tag-zVPYJd3B xsmall-zVPYJd3B interactive-zVPYJd3B apply-overflow-tooltip apply-overflow-tooltip--allow-text apply-overflow-tooltip--check-children\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" class=\"logo-PsAlMQQF xxxsmall-PsAlMQQF wrapper-TJ9ObuLF skeleton-PsAlMQQF\" crossorigin=\"\" src=\"https:\/\/s3-symbol-logo.tradingview.com\/bouygues.svg\" alt=\"\"\/>EN<\/a> to &#8220;Overweight&#8221; from &#8220;Neutral,&#8221; saying its strategy is now clearer, and near-term fibre JV consolidation has been ruled out, addressing previous concerns around debt and cash flow<\/p>\n<p class=\"\">** The broker highlights stronger margin prospects for Equans, Bouygues&#8217; technical services arm acquired in 2021, thanks to favourable market conditions such as the energy transition and infrastructure upgrades<\/p>\n<p class=\"\">** It raises Bouygues&#8217; PT by 29% to 49 euros ($57.36), with Equans now valued more highly and telecom sector changes not yet factored in<\/p>\n<p class=\"\">** Reports of intensified M&amp;A talks in French telecom, including SFR&#8217;s restructuring paving the way for possible deals by year-end, could further benefit Bouygues, whose telecom division is a major value driver, it says<\/p>\n<p class=\"\">** Shares of Bouygues are down 2.9% to 35.9 euros by 07:48 GMT, broadly following France&#8217;s CAC40 <a href=\"https:\/\/www.tradingview.com\/symbols\/EURONEXT-PX1\/\" class=\"container-ekXxv5Y5 symbolTag-cwMMKgmm tag-zVPYJd3B xsmall-zVPYJd3B interactive-zVPYJd3B apply-overflow-tooltip apply-overflow-tooltip--allow-text apply-overflow-tooltip--check-children\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" class=\"logo-PsAlMQQF xxxsmall-PsAlMQQF wrapper-TJ9ObuLF skeleton-PsAlMQQF\" crossorigin=\"\" src=\"https:\/\/s3-symbol-logo.tradingview.com\/indices\/cac-40.svg\" alt=\"\"\/>PX1<\/a> index drop after French PM Fran\u00e7ois Bayrou&#8217;s call for a confidence vote<\/p>\n<p class=\"\">** However, J.P.Morgan &#8220;do not expect this to alter Telco M&amp;A prospects&#8221;<\/p>\n<p class=\"\">** Out of nine analysts that cover Bouygues, two rate it &#8220;Strong Buy&#8221; or &#8220;Buy&#8221;, and six rate it &#8220;Hold&#8221; \u2013 data compiled by LSEG<\/p>\n<p class=\"\">($1 = 0.8542 euros)<\/p>\n","protected":false},"excerpt":{"rendered":"** J.P.Morgan upgrades French construction-to-telecoms group Bouygues EN to &#8220;Overweight&#8221; from &#8220;Neutral,&#8221; saying its strategy is now clearer,&hellip;\n","protected":false},"author":2,"featured_media":6319,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5309],"tags":[2000,299,36],"class_list":{"0":"post-374569","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-france","8":"tag-eu","9":"tag-europe","10":"tag-france"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/115094339528144275","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/374569","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=374569"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/374569\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/6319"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=374569"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=374569"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=374569"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}