DZ Bank raises target for Givaudan stock to CHF 3,740

Published on 10/22/2026 at 09:39 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

DZ Bank lifted its Givaudan target to CHF 3,740 on October 19, 2026. For Givaudan stock, nine-month sales reached CHF 5.89 billion.

DZ Bank target update and sales growth

DZ Bank raised its target from CHF 3,250 to CHF 3,740 on October 19, 2026.
Givaudan generated CHF 5.89 billion in nine-month sales for 2026.
Givaudan stock trades at EUR 4,287.50 at 9:34 a.m. CEST at Lang & Schwarz on October 22, 2026.
The next investor presentation is scheduled for October 29, 2026.

A Bauhaus-inspired graphic poster illustration. A large undulating wave in bold primary red, cobalt blue, and golden yellow sweeps across a cream-white grid background. Small geometric molecule dot clusters and hexagonal molecular shapes float along the w — Givaudan CH0010645932 Bauhaus-Plakat mit geometrischer Duftstoff-Welle und Molekülpunkten in Primärfarben und Lavendel, Illustration mit AI erstellt.

Givaudan (ISIN CH0010645932) was quoted at EUR 4,287.50 at Lang & Schwarz at 9:34 a.m. CEST on October 22, 2026. The latest analyst action came from DZ Bank, which raised its target from CHF 3,250 to CHF 3,740 on October 19, 2026, according to MarketScreener.

Sales beat the growth view

The operating backdrop strengthened in the third quarter. Givaudan reported organic sales growth of 8.6 percent, against company-compiled consensus of 4.7 percent, while reported sales reached CHF 2.09 billion, according to Reuters on October 13, 2026. Fragrance growth was 13.5 percent and Taste and Wellbeing growth was 3.5 percent, compared with consensus estimates of 6.6 percent and 2.8 percent.

What changed across three dates?

Givaudan reported 8.6 percent third-quarter organic growth on October 13, 2026. UBS raised its target to CHF 3,960 from CHF 3,270 on October 16, 2026. DZ Bank lifted its target to CHF 3,740 from CHF 3,250 on October 19, 2026, as listed by MarketScreener.

Which dates matter next?

Givaudan lists an investor presentation in Zurich for October 29, 2026, while its next annual results are scheduled for January 27, 2027, according to the company investor page. The October event gives investors a near-term opportunity to assess how the fragrance-led growth trend is developing.

Stock and company context

Givaudan operates in fragrances, beauty, taste and wellbeing. Its nine-month sales reached CHF 5.89 billion in 2026, up 5.2 percent on a like-for-like basis and 2.6 percent in Swiss francs from the comparable period, according to Reuters. The key investor question is whether Taste and Wellbeing can sustain its third-quarter recovery while Fragrance and Beauty remains the faster-growing division.

Current trading indication

Givaudan was trading at EUR 4,287.50 at Lang & Schwarz on October 22, 2026 at 9:34 a.m. CEST. The quote is an intraday indication during the pre-market phase for Xetra investors.

The further course of trading is shown by the continuously updated real-time quote of Givaudan stock.