Givaudan: UBS lowers target price
(CercleFinance.com) - UBS confirms its neutral rating on the stock, but lowers its target price to 4380 CHF (from 4520 CHF), representing 8% upside potential.
UBS is 2%/3% ahead of consensus for comparable 2024/2025 EBITDA, the broker says.
In the medium to long term, Givaudan targets LFL sales growth of 4%-5% and free cash flow growth of at least 12% (both indicators being measured on average over the five-year strategic cycle).
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The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.
UBS is 2%/3% ahead of consensus for comparable 2024/2025 EBITDA, the broker says.
In the medium to long term, Givaudan targets LFL sales growth of 4%-5% and free cash flow growth of at least 12% (both indicators being measured on average over the five-year strategic cycle).
Copyright (c) 2024 CercleFinance.com. All rights reserved.
The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.