Berenberg Bank Reaffirms Their Hold Rating on Umicore SA (UMICY)
In a report released yesterday, from Berenberg Bank maintained a Hold rating on Umicore SA, with a price target of $4.24. The company’s shares closed yesterday at $4.07.
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Currently, the analyst consensus on Umicore SA is a Hold with an average price target of $4.16.
Based on Umicore SA’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $7.41 billion and a GAAP net loss of $7.9 million. In comparison, last year the company earned a revenue of $8.25 billion and had a net profit of $161.88 million
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