UBS has reaffirmed its 'buy' recommendation on Bic, as well as its price target of 70 euros, which offers potential upside of 19% for the share, anticipating 'a strong end to the year' for the French manufacturer of disposable pens, lighters and razors.

Reviewing the group's latest quarterly trading update, the broker says he is 'encouraged by Bic's operational improvement' and expects the last three months of the year to prove 'another reassuring quarter'.

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