Lindt: UBS maintains buy rating
(CercleFinance.com) - UBS reiterates its Buy rating on the Lindt share, with an unchanged target price of 12,550 Swiss francs.
The analyst assesses the risks associated with GLP-1: the analyst says, "Evaluating GLP-1 risks: we expect a limited impact for Lindt".
"GLP-1 risk evaluation: we do not see it as a game changer to the Lindt investment case".
Note that the outlook for FY 2023 was raised in July, so as to reflect about 7% to 9% sales growth and a 30bp - 50bp increase in its profit margin.
Copyright (c) 2023 CercleFinance.com. All rights reserved.
The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.
The analyst assesses the risks associated with GLP-1: the analyst says, "Evaluating GLP-1 risks: we expect a limited impact for Lindt".
"GLP-1 risk evaluation: we do not see it as a game changer to the Lindt investment case".
Note that the outlook for FY 2023 was raised in July, so as to reflect about 7% to 9% sales growth and a 30bp - 50bp increase in its profit margin.
Copyright (c) 2023 CercleFinance.com. All rights reserved.
The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.