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FMC Corporation's shares have been downgraded by UBS from "buy" to "neutral," with a price target cut from USD 66 to USD 38, amid expectations of no market recovery in crop protection products by 2025. RBC Capital Markets also downgraded the stock, citing inventory concerns, while analysts noted mixed sentiments and a significant underperformance compared to sector averages. The current dividend yield stands at 4.46%, which is below the industry average, contributing to a generally poor outlook for the company's stock.
UBS has maintained a "Neutral" rating for BASF, setting a target price of 47 euros. Analyst Geoff Haire noted that the fourth-quarter operating results met expectations, while the focus now shifts to the company's 2025 targets, with a projected 4% increase in EBITDA, slightly below consensus.
BASF shares have approached a significant resistance level, closing at EUR 45.71 after a strong upward trend. A breakout above the December high of EUR 45.72 could lead to further gains towards EUR 47.00 and potentially EUR 49.85. Conversely, a drop below EUR 45.35 may trigger a decline to EUR 44.45 and lower support levels.
BASF shares rose to 44.68 EUR, despite UBS maintaining a "Neutral" rating with a target price of 47 EUR ahead of the fourth quarter figures. Analyst Geoff Haire noted his EBITDA estimate is 7% below consensus, highlighting that BASF trades at a 25% premium compared to European competitors.
UBS AG maintains a "Neutral" rating for BASF with a target price of €47, noting that the operating result estimate is 7% below consensus. BASF shares rose 0.7% to €44.43, indicating a potential upside of 5.78%. The Q4 2024 financial results are set to be released on February 28, 2025.
UBS has maintained a "Neutral" rating for BASF with a target price of 47 euros ahead of the fourth quarter results. Analyst Geoff Haire noted that his EBITDA estimate is seven percent below consensus, highlighting that BASF shares are trading at a 25 percent premium compared to European peers on an EBITDA basis.
UBS has maintained a "Neutral" rating for BASF shares with a target price of €47, noting that its EBITDA estimate is 7% below consensus. BASF shares rose 0.7% to €44.43, indicating a potential upside of 5.78% to the target price, with trading volume increasing to 53,691 shares. The company is set to release its Q4 2024 financial results on February 28, 2025.
Shares in Technology Minerals PLC surged 273% following its subsidiary Recyclus Group's offtake agreement with Glencore PLC for black mass, a material derived from spent lithium-ion batteries. This deal, starting with a 100-tonne trial, marks a significant milestone in the battery recycling market, supporting sustainable practices as demand for recycled materials grows amid the electrification shift. Glencore's broader strategy includes partnerships to enhance its battery recycling capabilities, reflecting the increasing competition and importance of securing critical metals from recycled sources.
Shares in Technology Minerals PLC surged 273% following its subsidiary Recyclus Group's offtake agreement with Glencore PLC for black mass, a material derived from spent lithium-ion batteries. This deal, starting with a 100-tonne trial, marks a significant milestone in the battery recycling market, supporting sustainable practices as demand for recycled materials grows amid the electrification shift. Glencore's broader strategy includes partnerships to enhance its battery recycling capabilities, reflecting the increasing competition and necessity for sustainable sourcing in the industry.
UBS AG has maintained a "Sell" rating for K+S, setting a target price of 10 euros. Analyst Geoff Haire highlighted that a potential ceasefire between Russia and Ukraine could lead to increased gas exports to Europe, significantly lowering gas prices, which would benefit companies like BASF, Covestro, and Lanxess.
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fmc corporation faces downgrades amid uncertain market outlook and strategy changes
16:15 07.02.2025
ubs maintains neutral rating for basf with target price of 47 euros
07:55 27.01.2025
BASF shares approach key resistance level amid upward trend analysis
09:45 24.01.2025
BASF shares rise as UBS analyst lowers EBITDA estimate ahead of earnings
17:00 17.01.2025
ubs maintains neutral rating for basf with target price of 47 euros
09:56 17.01.2025
ubs maintains neutral rating for basf with target price of 47 euros
09:20 17.01.2025
ubs maintains neutral rating for basf shares ahead of q4 results
09:17 17.01.2025
technology minerals secures glencore deal to boost battery recycling efforts
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Technology Minerals Secures Glencore Deal Boosting Battery Recycling Efforts
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UBS Maintains Sell Rating for K+S with Target Price of 10 Euros
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