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Goldman Sachs Reaffirms Their Buy Rating on Umicore SA (0RUY)
Goldman Sachs analyst Georgina Fraser CFA maintained a Buy rating on Umicore SA (0RUY – Research Report) today and set a price target of €17.00. The company’s shares closed yesterday at €12.09.
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According to TipRanks, Fraser CFA is a 4-star analyst with an average return of 3.5% and a 55.63% success rate. Fraser CFA covers the Basic Materials sector, focusing on stocks such as BASF SE, Umicore SA, and LANXESS.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Umicore SA with a €11.96 average price target, representing a -1.09% downside. In a report released on June 16, Jefferies also upgraded the stock to a Buy with a €16.00 price target.
0RUY market cap is currently €2.98B and has a P/E ratio of -1.96.
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