{ }
UBS has reduced its price target for Nestle from 91 to 83 francs while maintaining a "Neutral" rating. Analyst Guillaume Delmas noted that management is hesitant to confirm its organic growth target of 4 to 6 percent, indicating a shift towards outperforming the food and beverage market instead of adhering to fixed goals. Ongoing challenges in certain sectors, particularly frozen food in the US, may lead to further divestments to enhance sales growth and margins.
UBS has lowered its target price for Nestlé S.A. to 83 francs, maintaining a 'Neutral' rating. Nestlé, the world's largest food group, generates sales across various sectors, including beverages (26.7%), pet food (20.3%), and pharmaceutical products (16.4%), with significant market presence in the USA and Canada (35%).
In September, Swiss rents saw a slight increase, with the overall index rising by 0.2 points to 128.1. The canton of Schwyz experienced the highest monthly rise at 3.1%, while rents fell in Schaffhausen, Graubünden, and Valais. Year-on-year, Schwyz and Zug led with increases of 11.4% and 11.1%, respectively, while cities like Lucerne and Zurich also reported significant gains.
In September, Swiss rents saw a slight increase, with the overall index rising by 0.2 points to 128.1. The canton of Schwyz experienced the highest monthly rise at 3.1%, while year-on-year, rents surged by 3.9%, with Schwyz and Zug leading with increases of 11.4% and 11.1%, respectively. Notably, Basel recorded the strongest city increase at 1.1%, while Lausanne saw a decline of 0.5%.
UBS has maintained a "Neutral" rating for ABB, setting a target price of 50 francs. Analyst Andre Kukhnin noted that the company's third quarter performance was solid, highlighting its position amid the growing electrification sector and the cyclical challenges in automation.
UBS has maintained a "Buy" rating for Sanofi, setting a price target of 110 euros ahead of the company's upcoming financial results. Analyst Carl Walton highlighted that the neurodermatitis drug Dupixent is expected to drive growth for the pharmaceutical firm in the third quarter, with acceleration anticipated in 2025.
The UBS Residential Attractiveness Indicator ranks Swiss municipalities based on infrastructure, leisure facilities, and housing costs, highlighting medium-sized centers as the most appealing for families with average financial means. While top municipalities like Aarau and Vevey offer excellent amenities, they often come with high living costs. Personal preferences, such as proximity to nature or urban settings, also play a crucial role in choosing a residence.
UBS has maintained its "Buy" rating for Nordea Bank Abp, setting a target price of 143 Swedish kronor. Analyst Johan Ekblom noted that the bank's third-quarter performance met expectations and highlighted the resumption of its share buyback program.
UBS has increased its price target for Nokia from €3.55 to €4.00 while maintaining a "Neutral" rating. Analyst Francois-Xavier Bouvignies noted that the company's strong cost management offsets the challenges in the current market.
UBS has reduced its target price for Nestlé from 91 to 83 francs while maintaining a "Neutral" rating. Analyst Guillaume Delmas noted that management is hesitant to confirm its organic growth target of 4 to 6 percent, indicating a shift towards outperforming the food and beverage market instead of adhering to fixed goals. Ongoing challenges in certain sectors, particularly frozen food in the US, may lead to further divestments to enhance sales growth and margins.
Trending
Subcategory:
Countries:
Companies:
Currencies:
People:

Machinary offers a groundbreaking, modular, and customizable solution that provides advanced financial news and statistical analysis. Our platform goes beyond traditional quantitative analysis, offering users a comprehensive understanding of real-time market dynamics, event detection, and risk analysis.

Address

Waitlist

We’re granting exclusive early access to the first 500 users from december 20.

© 2024 by Machinary.com - Version: 1.0.0.0. All rights reserved

Layout

Color mode

Theme mode

Layout settings

Seems like the connection with the server has been lost. It can be due to poor or broken network. Please hang on while we're trying to reconnect...
Oh snap! Failed to reconnect with the server. This is typically caused by a longer network outage, or if the server has been taken down. You can try to reconnect, but if that does not work, you need to reload the page.
Oh man! The server rejected the attempt to reconnect. The only option now is to reload the page, but be prepared that it won't work, since this is typically caused by a failure on the server.