AlphaValue confirms the purchase of Odiot, significant upside potential

ODIOT SA announces that AlphaValue has reiterated its buy recommendation on its shares. The published study estimates the target price at €38.5 per share within six months, indicating a potential upside of 75%. This confirmation comes after the announcement of the planned acquisition of LAPPARA ORFÈVRE ARGENTIER.

LAPPARA, a renowned brand, is joining Odiot's portfolio without altering its position in the luxury jewelry sector. AlphaValue's study highlights LAPPARA's significant intellectual property assets, as well as its already profitable business. This acquisition would also allow Odiot to consolidate and revitalize other smaller jewelry houses.