Henkel: Stifel raises target price

(CercleFinance.com) - Stifel maintains its 'hold' recommendation on Henkel shares, with a target price raised from E86 to E89, after increasing its 2025-26 EBIT estimates by 1%, due to higher margin assumptions.


The implementation of the group's strategy is on track, with tangible margin progress in H1 2024 and increased confidence in the achievement of its medium-term targets, the broker says regarding the German detergents and cosmetics group.


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