Goldman Sachs Sticks to Its Buy Rating for Umicore SA (0RUY)
Goldman Sachs analyst Georgina Fraser CFA reiterated a Buy rating on Umicore SA yesterday and set a price target of €25.00. The company’s shares closed yesterday at €17.45.
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According to TipRanks, Fraser CFA is a 3-star analyst with an average return of 3.0% and a 52.90% success rate. Fraser CFA covers the Basic Materials sector, focusing on stocks such as Umicore SA, Croda International, and BASF SE.
Umicore SA has an analyst consensus of Moderate Buy, with a price target consensus of €18.75.
Based on Umicore SA’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of €4.35 billion and a net profit of €68.35 million. In comparison, last year the company earned a revenue of €7.45 billion and had a GAAP net loss of €1.47 billion
