Berenberg Bank Remains a Hold on Umicore SA (UMICY)
Berenberg Bank analyst maintained a Hold rating on Umicore SA yesterday and set a price target of $5.90. The company’s shares closed yesterday at $5.61.
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Umicore SA has an analyst consensus of Hold.
Based on Umicore SA’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $8.69 billion and a net profit of $136.7 million. In comparison, last year the company earned a revenue of $7.45 billion and had a GAAP net loss of $1.47 billion
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