Berenberg Bank Sticks to Its Hold Rating for Umicore SA (0RUY)
Berenberg Bank analyst Sebastian Bray maintained a Hold rating on Umicore SA today and set a price target of €14.00. The company’s shares closed yesterday at €14.07.
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According to TipRanks, Bray is an analyst with an average return of -0.6% and a 51.34% success rate. Bray covers the Basic Materials sector, focusing on stocks such as BASF SE, Wacker Chemie AG, and Clariant AG.
Umicore SA has an analyst consensus of Moderate Buy, with a price target consensus of €14.44, which is a 2.63% upside from current levels. In a report released on July 2, CFRA also upgraded the stock to a Hold with a €15.00 price target.
0RUY market cap is currently €3.39B and has a P/E ratio of -2.29.
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