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Givaudan: UBS reduces target price
(CercleFinance.com) - UBS confirms its "sell" rating on Givaudan shares, reducing its target price for them from 2800 CHF to 2750 CHF, with the latter representing 8% downside potential for the flavour and fragrance manufacturer's stock.
"We expect Givaudan to report a 2.8% volume decline in Q3 and therefore continue to believe it is too early to turn more constructive," the broker summarises. Copyright (c) 2023 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. |
23/05/2025 17:40
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