Barry Callebaut: UBS remains on 'buy'
(CercleFinance.com) - UBS reconfirms its 'buy' recommendation and its target price of 2050 Swiss francs on Barry Callebaut, with an upside potential of 4% for the share after a meeting with the Swiss chocolatier's financial management.
“After the recent rally, we see Barry as a steady medium term value creator with positive EPS growth prospects even in a deteriorating macro environment” says the broker.
Copyright (c) 2019 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.
“After the recent rally, we see Barry as a steady medium term value creator with positive EPS growth prospects even in a deteriorating macro environment” says the broker.
Copyright (c) 2019 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.