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Melek Ates, the new Head of Private and Corporate Banking at Bank WIR, emphasizes the importance of people in digitalization during her appearance on BX Morningcall. With over 30 years of experience, she shares her vision for the bank amidst digital transformation, focusing on values and leadership in the Swiss SME market. Ates highlights the unique role of cooperative banks in successfully merging tradition with innovation.
UBS has downgraded Brenntag from "Buy" to "Neutral," reducing its price target from 80 to 60 euros due to disappointing earnings performance. Analyst Nicole Manion expressed skepticism about the company's planned split into two independent divisions, especially following the upcoming departures of the CEO and CFO.
UBS Global Research has downgraded Brenntag to a 'neutral' rating from 'buy,' citing concerns over the company's disappointing profit performance and uncertainties in its restructuring plans. The price target has been reduced to €60 from €80, with potential upside to €105 if profitability improves, but a downside risk could see shares drop to €35 if restructuring fails. Rising selling, general, and administrative expenses have pressured margins, contrasting with peers, and the company faces challenges in executing its planned divisional separation.
UBS has downgraded Brenntag from "Buy" to "Neutral," reducing its price target from 80 to 60 euros due to disappointing earnings performance. Analyst Nicole Manion expressed skepticism about the company's planned split into two independent divisions, especially following the upcoming departures of the CEO and CFO.
UBS has downgraded Brenntag from "Buy" to "Neutral," reducing its price target from 80 to 60 euros due to disappointing earnings performance. Analyst Nicole Manion expressed skepticism about the company's planned split into two independent divisions, especially following the upcoming departures of the CEO and CFO.
UBS has downgraded Brenntag from "Buy" to "Neutral," reducing its price target from 80 to 60 euros due to disappointing earnings performance. Analyst Nicole Manion expressed skepticism about the company's planned split into two independent divisions, especially following the upcoming departures of the CEO and CFO.
UBS has downgraded Brenntag from "Buy" to "Neutral," reducing its price target from 80 to 60 euros due to disappointing earnings performance. Analyst Nicole Manion expressed skepticism about the company's planned split into two independent divisions, especially following the upcoming departures of the CEO and CFO.
Brenntag SE, the leading global distributor of industrial and specialty chemicals, provides a range of services including storage, packaging, and logistics management. By the end of 2023, the company will operate over 600 distribution sites worldwide, with significant sales contributions from the United States (35.9%) and Germany (8.7%).
UBS has maintained a "Buy" rating for Brenntag SE, setting a target price of 80 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 and benefiting companies like BASF, Covestro, and Lanxess.
UBS has upgraded its recommendation for UK and US equities, citing the UK"s significant P/E discount and resilient economic growth. While downgrading European stocks to "weight in line" due to weak growth and disappointing results, UBS maintains a cautious optimism, favoring quality stocks with attractive valuations like CapGemini, Brenntag, and Campari.
Brenntag SE
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The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
bank wir's melek ates on blending tradition and innovation in banking
08:01 14.03.2025
ubs downgrades brenntag to neutral lowers price target to sixty euros
21:43 17.01.2025
ubs downgrades brenntag to neutral amid profit concerns and management changes
11:59 17.01.2025
ubs downgrades brenntag to neutral and cuts price target to 60 euros
09:35 17.01.2025
UBS downgrades Brenntag to neutral with target price cut to 60 euros
08:35 17.01.2025
ubs downgrades brenntag to neutral and cuts price target to 60 euros
08:35 17.01.2025
ubs downgrades brenntag to neutral and lowers price target to 60 euros
08:20 17.01.2025
Brenntag Expands Global Reach with Positive UBS Assessment and Distribution Growth
13:45 09.12.2024
UBS Maintains Buy Rating for Brenntag with Target Price of 80 Euros
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ubs upgrades uk and us equities while advising on european stocks
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