Citi starts OPmobility with 'buy' on fuel tank consolidation, dividend potential

Opmobility SE

19/06/2025 07:50

** Citi initiates coverage of French automotive supplier OPmobility OPM.PA at "buy," citing fuel tank consolidation and dividend potential

** Citi says OPmobility targets 30% global fuel tank market share by 2030, benefiting from longer internal combustion engine (ICE) and plug-in hybrid electric vehicle (PHEV) demand

** It notes that strong asset efficiency and lower restructuring needs support dividend per share growth in the coming years

** The brokerage highlights the company's exposure to vehicle lightweighting trends, with plastic tailgates reducing weight by up to 30%

** "We think the groups knowledge in thermoplastics and lighting could support growth," broker says

** Out of nine analysts that cover OPmobility, four rate the stock "strong buy" or "buy,"​ two rate it "hold" and three rate the stock "strong sell" or "sell" - LSEG data

 (Reporting by Hugo Lhomedet)

 ((Hugo.Lhomedet@thomsonreuters.com;))