Berenberg lifts target for Sika stock from CHF 240.00 to CHF 245.00

Published on 10/26/2026 at 16:48 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

CHF 8.71 billion sales rose 1.60 percent in nine months. Sika stock costs EUR 191.08 on October 26, 2026, down 2.13 percent versus Xetra close.

Analyst view and financials

Berenberg raised its Sika target from CHF 240.00 to CHF 245.00 on October 26, 2026.
Nine-month sales reached CHF 8.71 billion, up 1.60 percent from the prior year.
Sika stock costs EUR 191.08 at Lang & Schwarz on October 26, 2026 at 4:39 p.m. CEST, 2.13 percent below the Xetra close of October 23, 2026.
The Swiss exchange quote was CHF 176.75 at 5:31 p.m. CEST, with a 27.21 P/E.

Sika, CH0418792922, Illustration mit AI erstellt.

Sika stock is trading below its recent German-market close while analyst expectations move higher. Marketscreener reported on October 26, 2026 that Berenberg kept its Buy rating and raised the target from CHF 240.00 to CHF 245.00. At Lang & Schwarz, Sika was trading at EUR 191.08 on October 26, 2026 at 4:39 p.m. CEST, down 2.13 percent versus the Xetra close of October 23, 2026 at EUR 195.25.

Target rises as sales grow

The higher target follows Sika's nine-month operating update rather than a new annual forecast. Yahoo Finance published the company release dated October 23, 2026, which reported sales of CHF 8.71 billion for the first nine months of 2026, up 1.60 percent from CHF 8.58 billion a year earlier. Local-currency growth was 4.80 percent, while organic growth contributed 3.50 percent.

The same release put nine-month EBITDA at CHF 1.68 billion, up 1.90 percent, with an EBITDA margin of 19.20 percent. Net profit reached CHF 887.80 million, compared with CHF 870.90 million in the prior-year period. Sika reiterated 2026 guidance for local-currency sales growth of 3.00 percent to 6.00 percent and an EBITDA margin of 19.00 percent to 19.50 percent.

How far is the target?

The Swiss-market quote was CHF 176.75 at 5:31 p.m. CEST on October 26, 2026. The Berenberg target therefore stood 38.65 percent above that quote, using the same currency. Sika's 52-week range was CHF 120.35 to CHF 197.60, placing the quote 10.56 percent below the high and 46.73 percent above the low.

Valuation remains measurable

Sika carried a market capitalization of CHF 28.4 billion as of October 26, 2026, and traded at a trailing P/E of 27.21. Its dividend yield was 2.00 percent. The figures put the analyst target in the context of a stock still below its yearly high, while the nine-month margin remained at 19.20 percent.

Stock position and next steps

The October 23 release also said Fast Forward was on track to deliver CHF 80.00 million of benefits in 2026 and CHF 150.00 million to CHF 200.00 million from 2028. It reported that Sika had completed the Akkim acquisition, bought the UK-based Azpects Group and agreed to acquire Resonac's adhesives business in Japan, with closing expected in mid-2027.

Sika develops specialty chemical systems for bonding, sealing, damping, reinforcing and protecting buildings and industrial products. Its first nine months showed a clear split by region: EMEA sales grew 8.30 percent in local currencies, while Asia-Pacific sales fell 2.30 percent as Chinese residential construction remained weak, according to the October 23 company release linked by Yahoo Finance.

Price and analyst target

The combination of CHF 8.71 billion in nine-month sales and a CHF 245.00 Berenberg target gives investors two separate reference points: operating growth and valuation expectations. The euro quotation remains below the Xetra close, while the Swiss quotation is 10.56 percent below its 52-week high.

Sika was trading at EUR 191.08 at Lang & Schwarz on October 26, 2026 at 4:39 p.m. CEST, 2.13 percent below the Xetra close of October 23, 2026 at EUR 195.25. The further course of trading is shown by the continuously updated real-time quote of Sika stock.