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(CercleFinance.com) – Henkel gains more than 1% in Frankfurt while Stifel confirmed its ‘hold’ rating on the stock, with an unchanged price target of 89 euros.
Henkel has announced that its quarterly results will be published on November 6, with a forecast of organic sales growth of +3.0% for the entire group. Adhesives (+3.5%) are expected to outperform consumer brands (+2.5%) and forecasts for FY 2024-2025 remain broadly unchanged.
‘Following significant margin expansion in 1H24, cost savings and portfolio rationalization measures are expected to support Henkel’s margin story for 2025-2026,’ Stifel reports.
According to the analyst, volume growth in consumer brands remains a key factor in improving organic sales dynamics and revaluing the stock.
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