Imerys: Berenberg hails a stock to own in 2025

(CercleFinance.com) - Berenberg announced on Wednesday that it had raised its price target for Imerys from E45 to E47, seeing the mineral specialties group as a 'stock to own' ahead of 2025.


Following a roadshow held last week in Milan, the analyst is confident in the message delivered by the French company's management team, namely a continued turnaround in the company's core business, performance minerals.

In view of its disciplined cost management, Imerys believes there is an opportunity to further increase its margins, the broker says, which maintains his buy recommendation on the stock.

Furthermore, with renewed confidence in the prospect of an end to the asbestos-containing talc litigation in the United States within the next few months, we believe that the group is a stock to hold as we approach 2025, it concludes.


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