Gerresheimer downgraded to Sell from Neutral at UBS

UBS downgraded Gerresheimer (GRRMF) to Sell from Neutral with a price target of EUR 12.90, down from EUR 29. The firm is cutting estimates for the short- and mid-term to reflect the recent FY25 warning, noting that its FY26 estimates come in “a touch below” the low end of the company’s FY26 guidance.