CFRA raised target for EMS-Chemie stock to CHF 820

Published on 10/15/2026 at 14:04 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half EBIT reached CHF 309 million at a 30.6 percent margin. EMS-Chemie stock costs EUR 937.50 at Lang & Schwarz on October 15, 2026.

Analyst caution meets operating strength

CFRA set its EMS-Chemie target at CHF 820 on October 12, 2026.
First-half 2026 EBIT reached CHF 309 million at a 30.6 percent margin.
EMS-Chemie stock traded at EUR 937.50 at 2:00 p.m. CEST at Lang & Schwarz on October 15, 2026.

Bauhaus-Poster mit Chemie-Motiv, EMS-Chemie Holding AG — Bauhaus-Poster mit geometrischen Formen steht sinnbildlich für EMS-Chemie Holding AG, ISIN CH0016440353, grafisch reduziert, Illustration mit AI erstellt.

CFRA had raised its price target for EMS-Chemie stock to CHF 820 in a report dated October 12, 2026, according to cash. EMS-Chemie was trading at EUR 937.50 at Lang & Schwarz on October 15, 2026 at 2:00 p.m. CEST.

What does CHF 820 imply?

The target sits below the latest SIX reference discussed by cash, which places valuation at the center of the debate. The report said CFRA pointed to the historically high valuation, while Berenberg viewed current profitability as close to a peak because of supply constraints and wider polyamide-caprolactam spreads.

That caution contrasts with the operating picture. EMS Group reported first-half 2026 net sales of CHF 1,012 million, down 0.78 percent year over year, while EBIT rose 4.40 percent to CHF 309 million and the EBIT margin reached 30.60 percent, figures reported by cash. The company also said its full-year operating result should increase slightly.

Three dated milestones

On July 10, 2026, EMS-Chemie published first-half figures showing CHF 1,012 million in sales; on August 28, 2026, the definitive report showed CHF 309 million in EBIT; and on October 12, 2026, cash reported CFRA's CHF 820 target, with the earlier releases listed by Zonebourse.

When are the next results?

The next scheduled company milestone is the third-quarter report on October 22, 2026, according to cash. For investors, the release can test whether the 30.60 percent first-half EBIT margin holds while EMS-Chemie continues to depend on specialty polymers and chemicals.

Price and valuation tension

EMS-Chemie stock was trading at EUR 937.50 at Lang & Schwarz on October 15, 2026 at 2:00 p.m. CEST. The SIX-listed company had reached a 52-week high of CHF 872.50 on October 13, 2026 and a 52-week low of CHF 530.00 on December 10, 2025, according to finanzen.ch. The further course of trading is shown by the continuously updated real-time quote of EMS-Chemie stock.