Givaudan: share up on Berenberg upgrade

(CercleFinance.com) - Givaudan shares were up 0.
7% on the Zurich Stock Exchange on Friday, buoyed by a positive opinion from Berenberg analysts, who upgraded their outlook for the flavours and fragrances manufacturer to "buy".

In a note dedicated to the sector, the German bank's analysts explain that they expect numerous innovations to be brought to market this year by manufacturers, with the aim of sustaining sales growth.

Berenberg points to a particularly buoyant environment for the beauty, personal care and ready-to-use beverages segments, a dynamic which its teams consider beneficial for Givaudan, which generates over 5% of its sales in these three businesses.

The German institution concludes that Givaudan is 'best placed' to take advantage of these trends in 2025, which leads it to raise its recommendation on the stock from 'hold' to 'buy', with a price target raised from 3850 CHF to 4700 CHF.


Copyright (c) 2025 CercleFinance.com. All rights reserved.