Bernstein ups France's Viridien to 'outperform' on 'overlooked catalysts'

Viridien SA

18/12/2025 13:53

** Bernstein upgrades French geoscience firm Viridien VIRI.PA to "outperform" from "market-perform", citing overlooked catalysts in the oil and gas sector's digitalization

** The upgrade follows a recent share price fall, which the brokerage views as a buying opportunity created by an overreaction to macro fears of oil oversupply

** Bernstein sees Viridien as best-placed to gain from the oil and gas industry's accelerating adoption of cloud and artificial intelligence (AI) technologies

** "Macro fears may be masking new catalysts," the brokerage says, keeping its price target unchanged at EUR 117

** Brokerage sees potential for positive surprises in the fourth quarter

** Out of 6 analysts that cover Viridien, four rate the stock "strong buy" or "buy"​ and two rate "hold" - data compiled by LSEG

 (Reporting by Clement Martinot)

 ((Clement.Martinot@thomsonreuters.com;))