Analyst Coverage

Numerous German and international financial analysts monitor Henkel’s performance. The following list includes banks and securities companies that publish regular research reports on Henkel. This list does not claim to be exhaustive.

InstitutionName
BofA Securities Victoria Petrova
BarclaysIain Simpson
BerenbergFulvio Cazzol
BernsteinBruno Monteyne
CitiCédric Besnard
Deutsche BankTom Sykes
DZ BankThomas Maul
Exane BNP ParibasMikheil Omanadze
Goldman SachsOlivier Nicolai
HSBCJeremy Fialko
JefferiesDavid Hayes
J.P. MorganCeline Pannuti
KeplerCheuvreuxChristian Faitz
LBBWUlle Wörner
MetzlerThomas Schulte-Vorwick
Morgan StanleyRashad Kawan
Oddo BHFPierre Tegner
RBC Capital MarketsJames Edwardes Jones
RedburnChris Pitcher
StifelRogerio Fujimori
UBSGuillaume Delmas
WarburgJörg Philipp Frey

 

Disclaimer

The analyses prepared by the banks and securities companies listed above are not based on Henkel research and are completely outside the influence and control of Henkel AG & Co. KGaA.  These analyses solely reflect the opinions, estimates, forecasts or recommendations of the above-mentioned institutions, or those of their employees, relating to Henkel’s performance and capabilities, and do not represent the opinion, estimate, forecast or any form of recommendation of or by Henkel AG & Co. KGaA or its management.

The fact that Henkel AG & Co. KGaA makes reference to these institutions neither implies, nor should be inferred to signify, that Henkel AG & Co. KGaA or its management confirms or approves the content of the analyses prepared by these institutions or their employees. Henkel assumes no liability for the selection, validity, completeness or correctness of the listing or of the analyses prepared by the listed banks and securities companies. The listing has been provided solely for information only, without responsibility, and should not be regarded as soliciting or promoting the purchase, sale or holding of Henkel shares.

Abbreviation for “Kommanditgesellschaft auf Aktien.” A KGaA is a company with a legal identity (legal entity) in which at least one partner has unlimited liability with respect to the company’s creditors (personally liable partner, aka general partner), while the liability for such debts of the other partners participating in the sharebased capital stock is limited to their share capital (limited shareholders).

Financial Glossary Schließen

Analysts' Recommendations

Based on an internal database, we have assigned the recommendations indicated below to buy, hold and sell categories. This list does not claim to be exhaustive.

BuyAccumulate, Add, Buy, Outperform, Overweight, Recommended Stock
HoldEqual-Weight, Hold, In-Line, Market Performer, Neutral
SellReduce, Sell, Underperform

Disclaimer

The investment recommendations mentioned above are based not on research carried out by Henkel but rather on research, reports, recommendations or assessments of third parties, in particular equity analysts. These investment recommendations are completely outside the influence and control of Henkel AG & Co. KGaA. These investment recommendations solely reflect the opinions, estimates, forecasts or recommendations of third parties relating to Henkel’s performance and capabilities, and do not represent the opinion, estimate, forecast or any form of recommendation of or by Henkel AG & Co. KGaA or its management.

The fact that Henkel AG & Co. KGaA makes reference to these investment recommendations neither implies, nor should be inferred to signify, that Henkel AG & Co. KGaA or its management confirms or approves said investment recommendations. Henkel assumes no liability for the selection, validity, completeness or correctness of the investment recommendations and estimates cited, nor does Henkel undertake to update or revise said investment recommendations. The listing has been provided solely for information only, without responsibility, and should not be regarded as soliciting or promoting the purchase, sale or holding of Henkel shares.