April Group designs, sells and manages insurance products through distributors, managers, insurers and reinsurers. Co. divides its activities into four divisions: Health and Personal Protection, Property and Casualty, International (mobility/assistance) and Protection and Legal Services. Health and Personal Protection designs, manages and distributes individual and collective policies; Property and Casualty designs, manages and distributes property and casualty policies for individual clients; International division (mobility/assistance) designs, manages, and distributes policies for individuals and businesses settled abroad; and Protection and Legal Services focuses of legal activities.
  • TickerAPR
  • ISINFR0004037125
  • ExchangeEuronext Paris
  • SectorNonlife Insurance
  • CountryFrance

Analysts

Jérôme VINERIER

Analyse court terme - APRIL GROUP : La progression des cours se poursuit.

La tendance est haussière. La progression des cours se poursuit. Les objectifs sont à 18,26 € puis 19,50 €. La rupture de 14,20 € mettrait la tendance en danger.

Jérôme VINERIER

Short term view - APRIL GROUP : Prices are making further progress.

The trend is bullish. Prices are making further progress. The targets are at €18.26 and then €19.50. The break of €14.20 would endanger the trend.

Matthieu DRIOL

Short term view - APRIL GROUP : The trend is bullish.

The trend is bullish. Prices are making further progress. The targets are at €15.62 and then €16.10. The break of €12.30 would endanger the trend.

Matthieu DRIOL

Analyse court terme - APRIL GROUP : La tendance est haussière.

La tendance est haussière. La progression des cours se poursuit. Les objectifs sont à 15,62 € puis 16,10 €. La rupture de 12,30 € mettrait la tendance en danger.

Alexandre Iatrides ...
  • Aurelien Sivignon
  • Benoit Valleaux
  • Charles Lepetitpas
  • Christophe Chaput
  • Fatma Agnès Hamdani
  • Jean-François Granjon
  • Jeremy Garnier
  • Nicolas David
  • Oussema Denguir
  • Pierre Corby

ODDO BHF Small & MIDCAP MORNING NEWS - 24/10/2018

...

Benoit Valleaux

April : Strategic discussions under way with the majority shareholder

>April yesterday evening reported a good set of 9M 2018 sales - April posted 9M 2018 sales of € 748.8m, up 8.5% in reported terms and 7.3% l-f-l. We note still-strong insurance premium growth at 13.9% in 9M 2018, albeit showing a slightly slower pace vs H1, while commissions growth is gaining momentum (+2.0% l-f-l vs 0.6% in H1 2018). Sales suffered a negative forex impact, but benefited from acquisitions (Public Broker in 2017, Benecaid and last September La Centrale...

Benoit Valleaux

April : Des réflexions stratégiques sont engagées avec l’actionnaire majoritaire

>April a publié hier soir un bon CA aux 9M 18 - April a publié un CA 9 mois 2018 de 748,8 M€, en hausse de 8,5% en publié et de 7,3% à données comparables. On note une croissance des primes d’assurance toujours élevée à 13,9% aux 9M 18, bien qu’en léger ralentissement vs S1, alors que la croissance des commissions s’accélère (+2,0% à d.c. vs 0,6% au S1 18). Le CA souffre d’un impact de changes négatif, mais bénéficie des acquisitions (Public Broker en 2017, Benecaid e...

Benoit Valleaux ...
  • Roland Pfaender

ODDO : Positive momentum should boost sector performance

We believe the insurance sector will continue to generate positive earnings momentum based on improving technical profits, gradual interest rate hikes and ongoing share buybacks. In light of these considerations the sector valuation seems undemanding and we expect a decrease in the cost of capital applied to the sector. Our Top Picks are AXA, Generali, Munich Re and Talanx. - >Favourable operating trends - Moderate price improvements coupled with expense management and...

Benoit Valleaux ...
  • Roland Pfaender

ODDO : La dynamique positive devrait soutenir la performance du secteur

Le secteur devrait continuer de bénéficier d’une croissance de ses résultats basée sur l’amélioration des résultats techniques, de la hausse graduelle des taux d’intérêt et des programmes de rachat d’actions. Compte tenu de ces éléments, la valorisation du secteur apparaît faible, et nous anticipons une baisse du coût du capital appliqué au secteur. Nos valeurs préférées sont AXA, Generali, Munich Re et Talanx. - >Tendances opérationnelles favorables - La poursuite des...

Antoine Boivin-Champeaux ...
  • Benoit Valleaux
  • Charles Lepetitpas
  • Emmanuel Matot
  • Fatma Agnès Hamdani
  • Harold De Decker
  • Jeremy Garnier
  • Jerôme Bodin
  • Nicolas David
  • Oussema Denguir
  • Pierre Corby
  • Salma Bouraoui
  • Yan Derocles

ODDO BHF Small & MIDCAP MORNING NEWS - 09/07/2018

...

A director bought 4,755 shares at 12.600EUR and

A director at April Group bought 4,755 shares at 12.600EUR and the significance rating of the trade was 56/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The names of b...

Alexandre Iatrides ...
  • Aurelien Sivignon
  • Benoit Valleaux
  • Charles Lepetitpas
  • Christophe Chaput
  • Fatma Agnès Hamdani
  • Jean-François Granjon
  • Jeremy Garnier
  • Nicolas David
  • Oussema Denguir
  • Pierre Corby

ODDO BHF Small & MIDCAP MORNING NEWS - 24/10/2018

...

Alexandre Iatrides ...
  • Aurelien Sivignon
  • Benoit Valleaux
  • Charles Lepetitpas
  • Christophe Chaput
  • Fatma Agnès Hamdani
  • Jean-François Granjon
  • Jeremy Garnier
  • Nicolas David
  • Oussema Denguir
  • Pierre Corby

ODDO BHF Small & MIDCAP MORNING NEWS - 10/24/2018

...

APRIL suffers a double requalification, which weighs heavily on its rating, now at Slightly Negative.

The independent financial analyst theScreener just downgraded the general evaluation of APRIL (FR), active in the Insurance Brokers industry. As regards its fundamental valuation, the title loses a star(s) and now shows 0 out of 4 stars. Its market behaviour is also negatively reassessed and may be considered as moderately risky. theScreener believes that this double requalification keeps the title under pressure and justifies an overall rating downgrade to Slightly Negative. As of the analysis date September 5, 2017, the closing price was EUR 13.25 and its target price was estimated at EUR 12...

Ford Equity International Rating and Forecast Report

Ford Equity International Research Reports cover 60 countries with over 30,000 stocks traded on international exchanges. A proprietary quantitative system compares each company to its peers on proven measures of business value, growth characteristics, and investor behavior. Ford's three recommendation ratings buy, hold and sell, represent each stock’s return potential relative to its own country market.. The rating reports which are generated each week, include the fundamental details behind each recommendation and reflect the fundamental and price data as of the last trading day of the week...

Jehanne Leroy

Etude de l'AG du 04/05/2017

Proxinvest souhaite attirer l'attention des actionnaires sur la décision du Conseil d'administration de dissocier les fonctions de Président du Conseil d'administration et de Directeur Général. Proxinvest recommande en effet la dissociation des fonctions au sein des organes de direction. Dès lors, Proxinvest accueille très favorablement cette décision. Cependant, Proxinvest déplore le manque de transparence de la société concernant les politiques de rémunérations du Président et du Directeur Général. En effet, telles qu'elles sont présentées, ces politiques ne correspondent pas aux pratiques d...

SRI Quantitative KPIs

Les analyses Gaïa sont des analyses ESG (Environnement, Social, Gouvernance) dediees aux entreprises de tailles intermediaires (PME, ETI) françaises. Elles presentent 120 indicateurs quantitatifs sur les trois derniers exercices.

Jérôme VINERIER

Analyse court terme - APRIL GROUP : La progression des cours se poursuit.

La tendance est haussière. La progression des cours se poursuit. Les objectifs sont à 18,26 € puis 19,50 €. La rupture de 14,20 € mettrait la tendance en danger.

Jérôme VINERIER

Short term view - APRIL GROUP : Prices are making further progress.

The trend is bullish. Prices are making further progress. The targets are at €18.26 and then €19.50. The break of €14.20 would endanger the trend.

Matthieu DRIOL

Short term view - APRIL GROUP : The trend is bullish.

The trend is bullish. Prices are making further progress. The targets are at €15.62 and then €16.10. The break of €12.30 would endanger the trend.

Matthieu DRIOL

Analyse court terme - APRIL GROUP : La tendance est haussière.

La tendance est haussière. La progression des cours se poursuit. Les objectifs sont à 15,62 € puis 16,10 €. La rupture de 12,30 € mettrait la tendance en danger.

Matthieu DRIOL

Analyse court terme - APRIL GROUP : La tendance de fond est clairement orientée à la baisse.

La tendance de fond est clairement orientée à la baisse. Les prix baissent à nouveau, mais le mouvement est devenu hésitant. Le prochain support est à 13,20 €. La tendance de fond serait remise en cause en cas de franchissement de 16,10 €.

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