Bpost is engaged in the provision of national and international mail and parcels services comprising the collection, transport, sorting and distribution of addressed and non-addressed mail, printed documents, newspapers and parcels. In addition, through its subsidiaries and business units, Co. sells a range of other products and services, including postal, parcels, banking and financial products, express delivery services, document management and related activities. Co. operates through two business units: the Mail & Retail Solutions and the Parcels & International.
  • TickerA1W0FA
  • ISINBE0974268972
  • ExchangeEuronext Brussels
  • SectorIndustrial Transportation
  • CountryBelgium

Analysts

ING
Research Department

Benelux Morning Notes

bpost: Small 4Q18 beat; 2019 outlook cautious, Radial ahead offers some comfort. Staffing sector: Dutch figs period 2: vol -2%, rev +1% (was -4%, rev flat), trend stable

Ruben Devos ...
  • Wim Hoste

Morning Note: ABI BB, BPOST BB

AB InBev: Board changes bpost: Radial ends year well, group outlook signals caution

Increased risk weighs on BPOST SA, penalising its rating down to Slightly Negative

The independent financial analyst theScreener just lowered the general evaluation of BPOST SA (BE), active in the Delivery Services industry. As regards its fundamental valuation, the title still shows 1 out of 4 possible stars. Its market behaviour, however, has slightly deteriorated and will be qualified as risky moving forward. theScreener considers that these new qualifications justify an overall rating downgrade to Slightly Negative. As of the analysis date February 1, 2019, the closing price was EUR 7.88 and its target price was estimated at EUR 6.20.

Alan Vandenberghe ...
  • Jason Kalamboussis
  • Ruben Devos
  • Wim Hoste

KBC Securities Morning Note 29-1-2019 ABN NA, BPOST BB, DSM NA, GVNV NA, GREEN BB

ABN Amro: A Special Dividend could underpin 2019 outlook bpost: Tax authorities want to go digital DSM: Sets up vitamin E joint venture with Nenter GrandVision: Acquires online Benelux optical retailer Greenyard: Adjusting to a new reality

ING
Research Department

Benelux Morning Notes

bpost: no normalization of HQ book gain raises concerns on 2019 outlook statement. KBC Ancora: Interim results for 2018/19

ING
Research Department

Benelux Morning Notes

bpost: Small 4Q18 beat; 2019 outlook cautious, Radial ahead offers some comfort. Staffing sector: Dutch figs period 2: vol -2%, rev +1% (was -4%, rev flat), trend stable

Ruben Devos ...
  • Wim Hoste

Morning Note: ABI BB, BPOST BB

AB InBev: Board changes bpost: Radial ends year well, group outlook signals caution

Alan Vandenberghe ...
  • Jason Kalamboussis
  • Ruben Devos
  • Wim Hoste

KBC Securities Morning Note 29-1-2019 ABN NA, BPOST BB, DSM NA, GVNV NA, GREEN BB

ABN Amro: A Special Dividend could underpin 2019 outlook bpost: Tax authorities want to go digital DSM: Sets up vitamin E joint venture with Nenter GrandVision: Acquires online Benelux optical retailer Greenyard: Adjusting to a new reality

ING
Research Department

Benelux Morning Notes

bpost: no normalization of HQ book gain raises concerns on 2019 outlook statement. KBC Ancora: Interim results for 2018/19

ING
Research Department

Benelux Morning Notes

a.s.r.: The elephant in the room. bpost: sale of HQ in line with expectations. Euronav: Results in line, strong 1Q but concerns on 1H. Flow Traders: 2018 started and ended on a good note. IBA: PT receives negative advice on reimbursement in Belgium. Sligro: FY18 numbers contain no surprises

Ahmed Ben Salem ...
  • Alex Koagne
  • Alfred Glaser
  • Anis Zgaya
  • Christophe-Raphaël Ganet
  • Delphine Brault
  • Emmanuel Matot
  • Igor Kim, CFA
  • Jean Sassus
  • Louis Boujard, CFA
  • Oussema Denguir
  • Philippe Ourpatian
  • Pierre Corby
  • Roland Pfaender,MBA,CFA,CCRA
  • Stephane Houri
  • Sven Edelfelt
  • Veysel Taze
  • Virginie Rousseau

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 08/01/2018

...

Ahmed Ben Salem ...
  • Alexandre Iatrides
  • Anis Zgaya
  • Benoit Valleaux
  • Bruno Cavalier
  • Charles Lepetitpas
  • Christophe-Raphaël Ganet
  • Eric Beaudet
  • Fatma Agnès Hamdani
  • François Maury
  • Georges Dieng
  • Jean Sassus
  • Louis Boujard, CFA
  • Olivier Lebrun
  • Pierre Tegner
  • Steven Gould
  • Sven Edelfelt
  • Valentin Pernet
  • Vincent Maulay
  • Virginie Rousseau
  • Yan Derocles

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 07/30/2018

...

Ahmed Ben Salem ...
  • Alexandre Iatrides
  • Anis Zgaya
  • Benoit Valleaux
  • Bruno Cavalier
  • Charles Lepetitpas
  • Christophe-Raphaël Ganet
  • Eric Beaudet
  • Fatma Agnès Hamdani
  • François Maury
  • Georges Dieng
  • Jean Sassus
  • Louis Boujard, CFA
  • Olivier Lebrun
  • Pierre Tegner
  • Steven Gould
  • Sven Edelfelt
  • Valentin Pernet
  • Vincent Maulay
  • Virginie Rousseau
  • Yan Derocles

ODDO BHF SECURITIES MORNING NEWS – COMMENTAIRES DETAILLES 30/07/2018

...

Increased risk weighs on BPOST SA, penalising its rating down to Slightly Negative

The independent financial analyst theScreener just lowered the general evaluation of BPOST SA (BE), active in the Delivery Services industry. As regards its fundamental valuation, the title still shows 1 out of 4 possible stars. Its market behaviour, however, has slightly deteriorated and will be qualified as risky moving forward. theScreener considers that these new qualifications justify an overall rating downgrade to Slightly Negative. As of the analysis date February 1, 2019, the closing price was EUR 7.88 and its target price was estimated at EUR 6.20.

Valérie GASTALDY

Short term view - BPOST SA : Rising consolidation.

The background trend is clearly bearish. The negative MACD confirms the trend. The rise is a consolidation that will soon bump against the level at €16.17. The next target is at €12.24, then €11.02. Passing €16.17 would question the continuation of the fall.

Valérie GASTALDY

Analyse court terme - BPOST SA : La reprise est une consolidation.

La tendance de fond est clairement orientée à la baisse. Le MACD est négatif, il confirme cette tendance. La reprise est une consolidation qui va buter sur 16,17 € prochainement. Le prochain objectif est à 12,24 €, puis 11,02 €. Le franchissement de 16,17 € remettrait en cause la suite de la baisse.

Valérie GASTALDY

Analyse moyen terme - BPOST SA : La tendance de fond est clairement orientée à la baisse.

La tendance de fond est clairement orientée à la baisse. Le rebond gagne en vigueur. Il est trop tôt pour parler de retournement haussier. La tendance de fond serait remise en cause en cas de franchissement de 18,40 €.

Valérie GASTALDY

Medium term view - BPOST SA : The background trend is clearly bearish.

The background trend is clearly bearish. The bounce is gaining strength. It is too early to qualify this market action as a bullish reversal. The background trend would be questioned should prices rise above €18.40.

Valérie GASTALDY

Short term view - BPOST SA : The bounce is gaining strength.

The trend is bearish. The bounce is gaining strength. The bounce might end at the resistance at €16.17 and prices would fall again toward €12.24. The background trend would be questioned should prices rise above €16.17.

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