After a purchase recommendation from Deutsche Bank, the shares of Henkel are in demand in a sluggish market environment on Wednesday.
The Düsseldorf papers on the trading platform Tradegate temporarily climb by 1.6 percent to EUR 71.98. On Xetra you would make it through your 50-day line.
A downturn in the shares that is not evident in the data, wrote the Deutsche Bank expert Tom Sykes. Henkel papers could already start re -evaluation if there are no bad news – they don’t even need good ones.
With Syke’s increased price target of 80 euros, Henkel shares would return to the level from mid-March. At the time, after the previous year’s balance sheet and the outlook from the annual high, they fell back at EUR 88.50. They had only really stabilized again in mid -April at 66 euros.
/AG/JHA/
Frankfurt (dpa-Afx)
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