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Berenberg Bank Sticks to Their Buy Rating for Umicore SA (0RUY)
Berenberg Bank analyst maintained a Buy rating on Umicore SA yesterday and set a price target of €23.50.
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In a report released on May 4, Kepler Capital also upgraded the stock to a Buy with a €20.00 price target.
Based on Umicore SA’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of €15.03 billion and a net profit of €316.15 million. In comparison, last year the company earned a revenue of €7.41 billion and had a GAAP net loss of €7.88 million
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