Jefferies Downgrades Givaudan AG to 'Underperform'

Tuesday, 23 July 2024, 06:22

Jefferies has rated Givaudan AG as 'Underperform' with a target price of 3000 CHF following the company's mid-year financial results. Analyst Charlie Bentley anticipates increased selling pressure on Givaudan's shares. This outlook reflects broader market sentiments and may influence investor strategies. In conclusion, investors should monitor Givaudan's stock closely as market conditions evolve.
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Jefferies Downgrades Givaudan AG to 'Underperform'

Jefferies Rates Givaudan AG

On July 23, 2024, the analysis firm Jefferies assigned an 'Underperform' rating to Givaudan's stock.

Target Price and Market Expectations

  • Target price set at 3000 CHF
  • Analyst: Charlie Bentley
  • Expectation of increased selling pressure

Market Impact

This downgrade follows the release of Givaudan's mid-year financial results, which may lead to investor caution.

In summary, with a target price of 3000 CHF and a rating of 'Underperform', Givaudan AG is facing potential challenges in the market.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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