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ubs raises price target for sgs sa amid strong performance and cautious outlook

UBS has raised its price target for SGS SA from CHF85 to CHF95 while maintaining a Neutral rating, citing strong performance in its reacceleration program. Citi has reinstated coverage with a Buy rating and a CHF105 target, highlighting potential margin improvements, while Barclays remains cautious with an Underweight rating and a CHF78 target due to halted merger talks.

ubs raises price target for sgs sa amid strong performance and cautious outlook

UBS has raised its price target for SGS SA from CHF85 to CHF95 while maintaining a Neutral rating, citing strong performance in its reacceleration program. Citi has reinstated coverage with a Buy rating and a CHF105 target, highlighting potential margin improvements, while Barclays remains cautious with an Underweight rating and a CHF78 target due to halted merger talks.

ubs raises price target for sgs sa amid strong performance and cautious outlook

UBS has raised its price target for SGS SA to CHF 95 while maintaining a Neutral rating, citing strong early performance in its acceleration program. Despite a positive growth outlook, caution is advised due to potential offsetting investments. Citi has resumed coverage with a Buy recommendation and a CHF 105 target, highlighting margin improvement potential, while Barclays remains Underweight with a CHF 78 target, referencing halted merger talks.

ubs maintains buy rating for brenntag despite quarterly earnings miss

UBS AG has maintained a "Buy" rating for Brenntag SE, setting a target price of 80 euros despite the company's adjusted EBITA falling 6% short of expectations. Following this news, Brenntag's share price dropped 8.9% to EUR 56.02, reflecting a 28.6% decline since the start of 2024, yet still indicating a potential upside of 42.81%. The Q3 2024 financial results are anticipated on November 12, 2024.
11:28 12.11.2024

ubs maintains buy rating for brenntag with target price of 80 euros

UBS has maintained a 'Buy' rating for Brenntag, setting a target price of 80 euros, despite the chemicals trader's operating result missing consensus estimates by 6%. Analyst Rory McKenzie noted that the confirmed annual outlook could provide slight support for the stock. As of the latest trading, Brenntag shares are down 9.46%, priced at 55.70 euros.
10:35 12.11.2024

ubs maintains buy rating for brenntag se with target price of 80 euros

UBS AG has maintained a "Buy" rating for Brenntag SE shares, setting a target price of 80 euros despite the company's adjusted EBITA falling 6% short of expectations. Following this news, Brenntag's share price dropped by 8.9% to 56.02 euros, reflecting a 28.6% decline over the year. The upcoming Q3 2024 financial results are scheduled for November 12, 2024.
10:28 12.11.2024

UBS lowers price target for Brenntag but maintains buy rating

UBS has reduced its price target for Brenntag from 85 to 80 euros while maintaining a "Buy" rating. Analyst Rory McKenzie noted a lack of near-term growth acceleration in the industrial and business services segment, leading to significantly lowered estimates for the chemicals trader. Despite this, Brenntag shares remain comparatively undervalued.
11:58 21.10.2024

ubs lowers price target for brenntag but maintains buy rating

UBS AG has maintained a "Buy" rating for Brenntag SE but reduced its price target from 85 to 80 euros, citing a lack of near-term growth in the industrial and business services segment. The share price rose 0.4% to EUR 64.52, indicating a potential upside of 23.99% relative to the new target. Brenntag SE's shares have fallen 17.8% over the year, with Q3 2024 results expected on November 12, 2024.
11:52 21.10.2024

UBS lowers Brenntag price target but maintains buy rating

UBS has reduced its price target for Brenntag from 85 to 80 euros while maintaining a "Buy" rating. Analyst Rory McKenzie noted a lack of near-term growth signs in the industrial and business services sector and has significantly revised his estimates for the chemicals trader. Despite this, the shares remain comparatively undervalued.
11:01 21.10.2024
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