11.04.2025

Berenberg upgrade Givaudan to ‘Buy’: A Deep Dive into the Quarterly Figures

The private bank Berenberg has recently rated Givaudan AG as “Buy” with a target price of 4700 Swiss francs. This positive assessment follows impressive quarterly figures from the flavor and fragrance manufacturer and could particularly be of interest to private investors.

Background and Rationale

Givaudan recorded an unexpectedly strong revenue growth in the first quarter of 2025. Revenue rose by 8.5 percent to 1.98 billion Swiss francs, exceeding analysts’ expectations. Organic growth was an impressive 7.4 percent, adjusted for currency and acquisition effects.

Givaudan remains a leading player in the flavor and fragrance industry, achieving profits across all product segments and regions. Notably, growth was prominent in Latin America, the Middle East, Africa, and South Asia.

Target Price and Potential

The target price of 4700 Swiss francs indicates an upside potential of about 26.48 percent compared to the current price of approximately 3716 Swiss francs. This outlook offers private investors the opportunity to benefit from long-term growth prospects.

Interest for Private Investors

The “Buy” recommendation from Berenberg is based on a thorough analysis of the current quarterly figures and the promising future outlooks of Givaudan. This assessment could drive investors interested in long-term growth to consider an investment.

Comparison with Other Ratings

However, there are also other perspectives. For example, UBS rates the stock as “Neutral,” while JP Morgan Chase & Co. rates it as “Overweight.” Such differing assessments underscore the necessity for private investors to conduct their own analysis.

Conclusion

Berenberg’s “Buy” rating for Givaudan is based on solid financial performance and a strong market position. For private investors, this presents a potential opportunity to invest profitably, provided they incorporate further market analyses into their decisions.