Hold Rating for Worldline Amid Revenue Contraction and Mixed Financial Signals

Hannes Leitner, an analyst from Jefferies, maintained the Hold rating on Worldline (0QVI – Research Report). The associated price target remains the same with €5.60.

Hannes Leitner’s rating is based on a combination of factors observed in Worldline’s recent financial disclosures. The company has shown a contraction in revenue from key markets such as Belgium, the Netherlands, and Germany, which has been a concern despite efforts to manage costs through offshoring and headcount adjustments related to Power24.
Additionally, while there have been some positive adjustments in scheme fees and contract assets contributing to growth, the decline in R&D spending and negative changes in working capital have also influenced the decision. These mixed signals have led to a Hold rating, as the potential for growth is balanced by these challenges.

Leitner covers the Technology sector, focusing on stocks such as Worldline, Adyen, and Wise PLC Class A. According to TipRanks, Leitner has an average return of 14.7% and a 61.54% success rate on recommended stocks.

In another report released on May 20, J.P. Morgan also maintained a Hold rating on the stock with a €6.30 price target.