Deutsche Bank analyst Tom Sykes upgraded Henkel (HENKY) to Buy from Hold with a price target of EUR 80, up from EUR 76. Henkel remains higher risk than other staples companies due to its more cyclical business model, but much is already priced into the shares, the analyst tells investors in a research note.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on HENKY:
- Henkel price target lowered to EUR 90 from EUR 95 at JPMorgan
- Henkel AG & Co. KGaA: Navigating Market Challenges with Cautious Optimism – Hold Rating Affirmed
- Henkel AG’s Earnings Call: Mixed Results and Optimistic Outlook
- Henkel price target lowered to EUR 80 from EUR 86 at Berenberg
- Henkel price target lowered to EUR 77 from EUR 80 at Jefferies