On Friday, Euroland maintained its buy recommendation on Sword shares, with a target price of 53 euros, welcoming the annual results and "good prospects" for 2023 announced by the technology consulting group.

The brokerage firm points out that the company's financial structure is "solid" at the end of 2022, with a net cash position of 38.7 million euros, enabling it to finance its projects and be active in terms of acquisitions.

On this subject, management is, as usual, pragmatic and intends to be patient in seeking out targets at a price deemed reasonable", says Euroland in a note.

Analysts are thus confident in the group's ability to deliver sustained growth and seize opportunities for accretive external growth, as in the past.

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