Bernstein has begun its coverage of Arkema (ARKAY, Financial) with an Underperform rating, setting a price target of EUR 53. The investment firm expresses a cautious outlook on the prospects for Western construction markets, suggesting challenges ahead that could impact Arkema's performance.
Bernstein's assessment indicates skepticism about whether Arkema can successfully navigate these market conditions, hinting at potential headwinds in maintaining its current trajectory. This cautious stance reflects concerns over the broader market environment that may weigh on the company's future growth and profitability.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 1 analysts, the average target price for Arkema SA (ARKAY, Financial) is $109.00 with a high estimate of $109.00 and a low estimate of $109.00. The average target implies an upside of 52.55% from the current price of $71.45. More detailed estimate data can be found on the Arkema SA (ARKAY) Forecast page.
Based on the consensus recommendation from 1 brokerage firms, Arkema SA's (ARKAY, Financial) average brokerage recommendation is currently 1.0, indicating "Buy" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Arkema SA (ARKAY, Financial) in one year is $91.52, suggesting a upside of 28.09% from the current price of $71.45. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Arkema SA (ARKAY) Summary page.
