Part of situation:
German firms face mixed market signals (9 clusters)
UBS Keeps Henkel Rating Neutral with 71‑Euro Target
Swiss bank UBS maintained a neutral rating on German consumer‑goods maker Henkel, keeping the target price at 71 euros. The analyst noted that the upcoming quarterly results on August 6 could positively surprise investors if price developments improve. UBS highlighted that US competitor H.B. Fuller reported rising prices and higher gross margins in the previous quarter, and pointed out that Henkel trades at a discount to its European peers.
The neutral stance reflects UBS’s view that, despite potential short‑term pricing support, Henkel’s valuation remains modest relative to the broader sector.
Sources
Zurich Insurance Group: Analysten-Konsens zu Ergebnissen und Dividenden im Blick
[www.it-boltwise.de]
about 2 months ago
UBS stuft HENKEL VORZUEGE auf 'Neutral'
[www.finanznachrichten.de]
about 1 month ago