While adjusting its price target from 56 to 54 euros with the drop in its John Wood comparable, Invest Securities reaffirms its 'buy' recommendation on Assystem, following the publication of the engineering group's half-year results last week.

"The nuclear cycle is still extremely buoyant, but it is a long-term business, even though organic growth is already accelerating (+15.8% in the first half of 2023)", stresses the analyst in charge of the file.

Similarly, while there are no major targets in the nuclear sector, management is showing patience regarding the disposal of its stakes in Framatome and Expleo", continues Invest Securities, which is only adjusting its assumptions at the margin.

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