logo
Kepler Capital Remains a Buy on FLSmidth & Co. A/S (0OJA)

Kepler Capital Remains a Buy on FLSmidth & Co. A/S (0OJA)

Kepler Capital analyst William Mackie maintained a Buy rating on FLSmidth & Co. A/S (0OJA – Research Report) on June 23 and set a price target of DKK440.00. The company's shares closed last Monday at DKK386.00.
Confident Investing Starts Here:
Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Mackie covers the Industrials sector, focusing on stocks such as ABB Ltd, Alstom SA, and FLSmidth & Co. A/S. According to TipRanks, Mackie has an average return of 8.0% and a 58.88% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for FLSmidth & Co. A/S with a DKK400.25 average price target, representing a 3.69% upside. In a report released on June 20, Jefferies also maintained a Buy rating on the stock with a DKK420.00 price target.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

US Equity Futures Fall as Walmart Misses, Jobless Claims Rise
US Equity Futures Fall as Walmart Misses, Jobless Claims Rise

Bloomberg

timea few seconds ago

  • Bloomberg

US Equity Futures Fall as Walmart Misses, Jobless Claims Rise

US equity futures declined Thursday morning after retail bellwether Walmart Inc. posted a rare profit miss and as weekly jobless claims came in higher than expected. Contracts on the S&P 500 Index were down 0.4% at 8:51 a.m. in New York. Shares of Walmart, the world's largest retailer, slid after profits fell short of expectations for the first time in three years. Nasdaq 100 Index futures declined 0.4%.

10 things to watch in the stock market Thursday including Walmart earnings and rate cut hopes
10 things to watch in the stock market Thursday including Walmart earnings and rate cut hopes

CNBC

timea few seconds ago

  • CNBC

10 things to watch in the stock market Thursday including Walmart earnings and rate cut hopes

The Club's 10 things to watch Thursday, Aug. 21 — Today's newsletter was written by Zev Fima, the Investing Club's portfolio analyst. 1. We're headed for another lower open. Dow futures are notably down roughly on par with the tech-heavy Nasdaq , which has been hit harder in the recent market rotation, falling over 2% since Monday. The Dow has basically been flat the past two days. For its part, the S & P 500 is on a four-day losing skid. 2. Perhaps this is a reflection of yesterday's Federal Reserve meeting minutes, which point to Fed Chair Jerome Powell striking a slightly more hawkish tone than many may have expected at his Jackson Hole speech tomorrow. Investors still expect to see a rate cut in September. However, the odds of three by year end are down slightly versus yesterday and a week ago, according to the CME FedWatch Tool . 3. More signs of tariff-induced inflation making its way to the consumer: Yesterday, we learned Pepsi would be raising prices on carbonated soft drinks, and that Sony is set to increase the cost of the PlayStation 5. Camera maker Nikon said earlier this week it's raising U.S. prices. This raises the stakes for Powell's speech tomorrow. The Fed is balancing inflation against labor-market health. Initial jobless claims topped expectations this morning. 4. The U.S. and EU shed new light this morning on their previously agreed-upon trade framework, including on pharmaceuticals and automobiles. According to the joint statement, the tariff rate on European automobiles will drop to 15% from 25% only after the EU formally introduces legislation that will cut duty rates on U.S. imports to the bloc. 5. Walmart shares dropped 3% this morning after the retail giant reported mixed results. Earnings came up short for the first time in over three years, but revenue beat expectations and same-store sales jumped 4.6%, a sign that its reputation for value is attracting inflation-wary shoppers. It raised its full-year outlook for sales growth and earnings. Its CFO told CNBC the company has eaten some tariff costs and pass others on. 6. Club name Meta has implemented a hiring freeze on AI talent as the company works to revamp its internal AI team structure, The Wall Street Journal reported. The increase in stock-based compensation costs is something analysts have begun to flag as a watch item as tech companies shell out to acquire top talent. No firm has been more aggressive there than Meta. 7. Morgan Stanley upgraded Hewlett Packard Enterprise to an overweight buy rating from equal weight. Analysts said the earnings uplift from its Juniper Networks acquisition, which closed last month, are not priced into the stock. Plus, they said shares are cheap and AI expectations are low. 8. A pair of price target bumps for Club name Nvidia ahead of earnings next week. UBS went to $205 a share from $175 and Wedbush went to $210 from $175 as well. Both firms are betting on strong results and believe guidance could be solidly above consensus depending on how quickly the China market comes back online, even though there's some pushback in China on the use of Nvidia chips. 9. TJX Companies got a lot of price target hikes on the Street this morning, one day after the off-price retailer behind TJ Maxx, Marshalls, and HomeGoods reported a strong second quarter and raised full-year guidance. After yesterday's earnings, we also raised our TJX price target to $150 from $145 and kept our buy-equivalent 1 rating. 10. ESPN's flagship direct-to-consumer streaming app launched today — a one-stop shop for the content from Club name Disney's sports network. Cable subscribers get the app for free. Evreryone else can get it through a variety of options including bundles with other Disney properties such as Disney+ and Hulu. There's even a bundle coming in October with the new Fox One app, housing all Fox sports and news, which also launched today Sign up for my Top 10 Morning Thoughts on the Market email newsletter for free (See here for a full list of the stocks at Jim Cramer's Charitable Trust.) As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB. NO SPECIFIC OUTCOME OR PROFIT IS GUARANTEED.

Powell Delivers Final Jackson Hole Speech Tomorrow—What To Watch For, Including Interest Rate Clues
Powell Delivers Final Jackson Hole Speech Tomorrow—What To Watch For, Including Interest Rate Clues

Forbes

timea few seconds ago

  • Forbes

Powell Delivers Final Jackson Hole Speech Tomorrow—What To Watch For, Including Interest Rate Clues

Federal Reserve Chair Jerome Powell will take the stage at the Fed's annual symposium in Jackson Hole, Wyoming, for the final time on Friday, as investors and the Trump administration await signs the central bank will soon ease interest rates. The Trump administration has pressured Powell, whose term as Fed chair expires next year, to step down as chair of the central bank. Copyright 2025 The Associated Press. All rights reserved. The Jackson Hole Economic Policy Symposium, hosted annually by the Fed's Kansas City branch, will feature Powell at the main stage Friday morning. Powell's appearance is expected to provide insight into whether the Fed will slacken its monetary policy and cut interest rates, which have been held between 4.25% and 4.5% since December. Deutsche Bank analysts wrote Tuesday they believed Powell's speech could 'create uncertainty' about prospects of an interest rate cut at the Fed's September meeting, adding Powell will likely discuss how July's worse-than-expected jobs report could forecast further economic instability. Julian Emanuel, an analyst for Evercore ISI, wrote Sunday that Powell will likely 'indirectly signal' a quarter-point reduction to interest rates next month while still emphasizing a cautious approach to monetary policy. 79.1%. Those are the odds the Fed lowers interest rates by a quarter-point in September, according to CME's FedWatch. Odds surged earlier this month to as high as 99.9% after inflation rose slower than expected in July. Jeffrey Roach, LPL Financial's chief economist, wrote at the time he expected the Fed to cut rates as the central bank focuses on the 'weakening labor market.' What Has The Fed Said About Lowering Interest Rates? The Fed has maintained that up to two interest rate cuts of 25 basis points will be carried out by the end of the year. Minutes released Wednesday from the Fed's Federal Open Market Committee's July meeting indicated 'almost all' policymakers believed it was 'appropriate' to hold interest rates, as Powell noted the central bank wanted to observe incoming data on jobs and inflation. Fed governors Michelle Bowman and Christopher Waller voted against leaving rates unchanged, arguing a quarter-point reduction was necessary to defend against a weakening job market. The Fed pointed to the 'uncertain effects of tariffs and the possibility of inflation expectations becoming unanchored,' according to the minutes, which revealed policymakers believed inflation risks were greater than concerns over low unemployment. The meeting preceded a jobs report indicating job growth remained weak in July and that growth in June and May was worse than originally reported. The broader market rallied following last year's Jackson Hole address, during which Powell signaled the 'time has come' for the Fed to loosen its monetary policy and lower interest rates. The Dow Jones Industrial Average jumped 400 points, or about 1%, while the S&P 500 and Nasdaq increased 1.3% and 1.8% toward then-intraday highs. In 2022, after a Hawkish speech by Powell, the S&P dropped by more than 3% as the Fed later began hiking interest rates. Earlier this week, Evercore ISI analysts wrote if Powell held a cautious approach to interest rate cuts in his speech that stocks could decline by as much as 15% by October. What To Watch For The Bureau of Labor Statistics will release data for the Fed's preferred inflation gauge on Aug. 29. Annual inflation is expected to decline to 2.6% based on core personal consumption expenditures (PCE) price index data, according to a Dow Jones consensus. Core PCE is closely watched by the Fed because it allows the central bank to have a better account of how American consumers spend their money. Key Background Powell and the Fed have faced growing criticism from President Donald Trump over the central bank's decision not to cut interest rates. Trump has repeatedly called Powell 'too late' while urging Powell, whose term expires as Fed chair in May 2026, to resign. Trump previously expressed confidence that Powell would 'do the right thing,' but now believes the 'damage [Powell] has done by always being too late is incalculable.' Who Could Replace Powell As Fed Chair? A number of candidates have reportedly been named as possible successors to Powell, including Fed governors Bowman, Waller and Philip Jefferson, White House economist Kevin Hassett and former Fed governor Kevin Warsh. Other names have emerged in recent weeks, including BlackRock's Rick Rieder, Jefferies' David Zervos, economist Mark Summerlin and former St. Louis Fed President James Bullard. Trump previously said four candidates were in the running for Fed chair, including Warsh and Hassett, though Treasury Secretary Scott Bessent told CNBC earlier this week there are 11 names under consideration. Bessent indicated interviews for the role would start sometime after Labor Day. Trump on Wednesday called for Fed Governor Lisa Cook to resign, after Federal Housing Finance Agency Director Bill Pulte accused her of mortgage fraud. Cook denied the claims in a statement to Forbes, arguing, 'I have no intention of being bullied to step down from my position because of some questions raised in a tweet.' Cook is the latest high-ranking Democrat and Trump critic to face similar allegations by the Trump administration, as Attorney General Pam Bondi has ordered an investigation into mortgage fraud claims against Sen. Adam Schiff, D-Calif., and New York Attorney General Letitia James. Further Reading Forbes Federal Reserve's Cook Latest Trump Target Of Mortgage Fraud Allegations—She 'Must Resign Now,' He Says By Ty Roush Forbes Most Fed Officials Expect 2025 Rate Cuts Despite Tariff Inflation Concerns, Minutes Show By Derek Saul

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store