Berenberg raises target for Sika stock from CHF 240 to CHF 245

Published on 10/27/2026 at 10:31 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Berenberg lifted its target from CHF 240.00 to CHF 245.00 after October 23 results. Sika stock costs EUR 188.83, 0.77 percent below its Xetra close.

Target and operating figures

Berenberg raised its Sika target from CHF 240.00 to CHF 245.00 after the October 23, 2026 results.
Sika reported CHF 8.71 billion in nine-month 2026 sales, up 4.80 percent in local currencies.
Sika stock trades at EUR 188.83 at 10:30 a.m. CET at Lang & Schwarz on October 27, 2026, 0.77 percent below the Xetra close of October 26, 2026.

Sika, CH0418792922, Illustration mit AI erstellt.

Sika (CH0418792922) stock was trading at EUR 188.83 at Lang & Schwarz on October 27, 2026 at 10:30 a.m. CET, down 0.77 percent from the Xetra close. After Sika's October 23 results, Finimize reported that Berenberg raised its price target from CHF 240.00 to CHF 245.00.

Target rises on stronger quarter

The target move followed a quarter in which Sika's organic growth accelerated. Finimize said third-quarter sales reached CHF 3,122 million, about 4.00 percent above Berenberg's estimate, while the EBITDA margin reached 19.60 percent.

The margin is the key cushion in the current setup. Sika's nine-month EBITDA margin was 19.20 percent, while its full-year 2026 guidance remains 19.00 percent to 19.50 percent.

What does the margin mean?

The company reported CHF 8.71 billion in sales for the first nine months of 2026, up 1.60 percent in Swiss francs and 4.80 percent in local currencies from CHF 8.58 billion a year earlier, according to Sika. Net profit rose 1.90 percent to CHF 887.8 million, while diluted earnings per share increased to CHF 5.52 from CHF 5.42.

That combination gives the analyst target a measurable operating basis, but it does not remove the regional split. Nine-month Asia-Pacific sales declined 2.30 percent in local currencies, whereas EMEA sales grew 8.30 percent, according to the company release.

Three dated milestones

On October 23, 2026, Sika reported CHF 8.71 billion in nine-month sales and 4.80 percent local-currency growth, according to Sika. On October 23, 2026, it reiterated 2026 local-currency growth guidance of 3.00 percent to 6.00 percent and an EBITDA margin of 19.00 percent to 19.50 percent. On October 26, 2026, Berenberg's target increase to CHF 245.00 was reported by Finimize.

Upcoming dates for Sika

Sika's next explicitly scheduled reporting event is the full-year results presentation on February 19, 2027, followed by the Capital Markets Day on March 11, 2027, according to Sika.

Stock quote and market value

Sika's market capitalization was CHF 27.9 billion on October 27, 2026, and its 52-week range was CHF 120.35 to CHF 197.60. The euro quotation sat below the upper end of that Swiss-franc range's corresponding market picture as investors weighed resilient margins against weaker Asia-Pacific construction demand.

Sika stock was trading at EUR 188.83 at Lang & Schwarz on October 27, 2026 at 10:30 a.m. CET, 0.77 percent below the Xetra close of October 26, 2026 at EUR 190.30. The further course of trading is shown by the continuously updated real-time quote of Sika stock.