LONDON, January 7 Analysts at Deutsche Bank upgrade DSM (DSM.FSE) from hold to buy
In a research note published this morning, the analysts mention that DSM's share price is likely to remain attractive through 1H05, boosted by the company's ongoing cost reduction initiatives and a reliable cash flow profile. The target price upgrade is based on increased confidence in DSM's restructuring efforts and the company's improved cash-deployment focus in favour of shareholders, Deutsche Bank says.
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Auf die Aktie bin ich gespannt. Übrigens... 1,75 Euro Dividende
Grüße,
JG
www.chart-me.de
In a research note published this morning, the analysts mention that DSM's share price is likely to remain attractive through 1H05, boosted by the company's ongoing cost reduction initiatives and a reliable cash flow profile. The target price upgrade is based on increased confidence in DSM's restructuring efforts and the company's improved cash-deployment focus in favour of shareholders, Deutsche Bank says.
Auf die Aktie bin ich gespannt. Übrigens... 1,75 Euro Dividende
Grüße,
JG
www.chart-me.de