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UBS maintains neutral rating for Covestro with target price of 62 euros
UBS has maintained a "Neutral" rating for Covestro, setting a target price of 62 euros. Analyst Geoff Haire noted that the market reaction to the recent figures is expected to be minor, with attention focused on the ongoing takeover by Adnoc.
UBS maintains sell rating for HelloFresh with target price of 6.20 euros
UBS has maintained a "Sell" rating for HelloFresh, setting a target price of 6.20 euros. Analyst Jo Barnet-Lamb noted that a reduction in marketing expenses has contributed to improved results, as reported on October 29, 2024.
UBS maintains buy rating for About You with target price of 6.20 euros
UBS has maintained a "Buy" rating for About You shares, setting a price target of 6.20 euros. Analyst Yashraj Rajani highlighted the upcoming capital market day for Scayle, the divested store system provider, as a potential catalyst for long-term growth.
UBS maintains buy rating for Porsche AG despite disappointing quarterly results
UBS has maintained its "Buy" rating for Porsche AG, setting a target price of 87 euros following the company's third-quarter results. Analyst Patrick Hummel noted a slight disappointment in the operating profit margin and described the outlook for the upcoming year as "unattractive," suggesting a likely decline in earnings per share expectations for 2025.
UBS maintains buy rating for Eni with target price of 15 euros
UBS has maintained its "Buy" rating for Eni, setting a target price of 15 euros following the company's strong third-quarter results that surpassed profit expectations. Analyst Joshua Stone noted an increase in share buyback targets but also highlighted a reduced forecast for operating profit due to energy price fluctuations.
UBS maintains buy rating for Valeo despite third quarter sales miss
UBS has maintained a "Buy" rating for Valeo with a target price of 13 euros, despite the automotive supplier reporting third-quarter sales of 5 billion euros, which fell short of expectations by three percent. Consequently, Valeo has revised its sales targets for this year and withdrawn its projections for 2025.
UBS maintains buy rating for Sanofi with target price of 110 euros
UBS has maintained a "Buy" rating for Sanofi, setting a target price of 110 euros following the company's strong third-quarter results. Analyst Jo Walton noted that sales surpassed both his and consensus estimates, largely driven by vaccine sales.
UBS maintains neutral rating on Safran with price target of 215 euros
UBS has maintained a "Neutral" rating for Safran, setting a price target of 215 euros following the release of third-quarter sales data. While the engine manufacturer's revenues met consensus estimates, the performance in the spare parts and maintenance sector fell short of expectations.
UBS maintains buy rating for Mercedes-Benz with target price of 72 euros
UBS has maintained its "Buy" rating for Mercedes-Benz Group, setting a target price of 72 euros following the release of quarterly figures. While profitability in the car division aligned with UBS's forecasts, it fell short of consensus estimates. However, solid free cash flow and a positive outlook for the fourth quarter were confirmed.
ubs downgrades diageo to sell amid concerns over indian sales
UBS has maintained a "Sell" rating for Diageo, setting a target price of 2300 Pence, citing weak sales in India as a short-term risk for the spirits manufacturer. Analyst Sanjeet Aujla noted, however, that management remains optimistic about a return to double-digit growth in the next two quarters.
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