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Trigano falls as Oddo BHF removes it from Midcap Europe H1 top picks

BUZZ-Trigano falls as Oddo BHF removes it from Midcap Europe H1 top picks

** Shares in Trigano TRIA.PA fall 3.4% after Oddo BHF removed the French camping and van equipment maker from its European midcap top picks for H1, citing a lack of short-term catalysts

** "On June 24, the Trigano group will publish its Q3 sales figures, which we expect to reflect a wait-and-see attitude on the part of customers in an unfavourable geopolitical climate," Oddo says

** The brokerage therefore estimates a slight slowdown in Q3 sales

** It cuts Trigano's PT by 6.8% to €191 ($221) from €205

** The stock is down 15.8% YTD

($1 = 0.8663 euros)


(Reporting by Gianluca Lo Nostro)

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