Bouygues

EN: XPAR (FRA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Bouygues: Lifting Fair Value Estimate 60% on Equans Outlook; Shares Undervalued

Jack Fletcher-Price

Nov 19, 2025

We’re transferring coverage of Bouygues, the family-controlled French conglomerate.

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Bouygues

Bouygues: Lifting Fair Value Estimate 60% on Equans Outlook; Shares Undervalued

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