FRANKFURT (dpa-AFX Broker) - Deutsche Bank Research has upgraded Henkel from "Sell" to "Hold" and raised the target price from 60 to 70 euros. There is still much to improve at the consumer goods company, but after a relatively weak share price performance a sell recommendation is no longer appropriate, analyst Tom Sykes wrote in a study published on Thursday. The valuation of the share is in a range where the market usually assumes a decline in earnings per share (EPS). However, he raised his EPS estimates for the years 2024 and 2025, even though they remain slightly below the analyst consensus./tih/la

Publication of the original study: 18/04/2024 / 07:39 / CET

First dissemination of the original study: Date not specified in study / Time not specified in study / CET

-----------------------

dpa-AFX Broker - the Trader News from dpa-AFX

-----------------------