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Jun 19 2025, 07:00 IST/BST
Foods
Model update for Givaudan and dsm-firmenich
- Sectors : Foods
- Companies : Givaudan | Kerry Group | Symrise | dsm-firmenich
Ratings
Ratings and price correct at time of issue
| Company | Rating | Date | Previous Rating | Date | Closing Price |
|---|---|---|---|---|---|
| Givaudan | NEUTRAL | 31/01/24 | Outperform | 24/03/20 | 410400chf |
| dsm-firmenich | OUTPERFORM | 09/10/20 | Neutral | 13/02/20 | 9500c |
| Kerry Group | OUTPERFORM | 30/06/09 | N/A | N/A | 9600c |
| Symrise | OUTPERFORM | 24/03/20 | Neutral | 15/01/19 | 9814c |
DAVY VIEW
Ahead of Q2 results we update our Givaudan and dsm-firmenich models and price targets. Headline forecast changes are modest. The sector continues to trade within a narrow range as market participants await clearer indicators of evolving consumer behaviour, particularly in the North American market. Givaudan kicks off results season for the sector on July 22nd.
