Henkel stock rises 1.08 percent as Deutsche Bank keeps Buy

Published on 09/28/2026 at 12:43 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Henkel stock had a EUR 80.00 target after Deutsche Bank cut it from EUR 81.00 on September 25, 2026. H1 sales rose 3.2 percent organically.

Arbeiter in weißem Schutzanzug inspiziert Industrietanks und Rohrleitungen in einem Chemiewerk, Schwarzweiß — Schwarz-Weiß-Dokumentarfotografie eines Arbeiters in Schutzanzug und Helm vor großen Industrietanks und Rohrleitungen in einem chemischen Produktionswerk – symbolisiert die industrielle Fertigungstiefe der Henkel AG & Co. KGaA (ISIN DE0006048432) im Bereich Klebstoffe und Spezialchemikalien, Illustration mit AI erstellt.

Henkel stock (ISIN DE0006048432) was trading at EUR 74.54 on Xetra at 12:25 p.m. CEST on September 28, 2026, up 1.08 percent from the prior close of EUR 73.74. The latest analyst signal came from finanzen.net on September 25, 2026, when Deutsche Bank kept its Buy rating but cut its price target from EUR 81.00 to EUR 80.00.

Deutsche Bank trims its target

The change reflects a more cautious earnings view ahead of Henkel's third-quarter report. Deutsche Bank said rising headwinds could weigh on expectations, while the shares could absorb a modest decline in earnings forecasts, according to the September 25, 2026 analysis published by finanzen.net.

The revised EUR 80.00 target stands 7.32 percent above the intraday price of EUR 74.54. That gap leaves the rating positive, but the lower target signals that operating risks have become more important in the near-term valuation.

Half-year growth stays visible

Henkel's first-half 2026 report showed organic sales growth of 3.2 percent to EUR 10.3 billion. Adjusted EBIT increased 0.3 percent to EUR 1.620 billion, while the adjusted EBIT margin reached 15.7 percent, an improvement of 10 basis points, according to Henkel on August 6, 2026.

Adjusted earnings per preferred share rose 7.1 percent at constant exchange rates to EUR 2.86 in the first half. Henkel also raised its 2026 organic sales growth outlook to 1.5 percent to 3.5 percent from 1.0 percent to 3.0 percent, while keeping its adjusted sales-return range at 14.5 percent to 16.0 percent.

Bernstein sees limited upside

The analyst picture is more restrained elsewhere. finanzen.net reported on September 16, 2026, that Bernstein maintained a Market-Perform rating and a EUR 74.96 price target.

That target is only 0.56 percent above the September 28 price, contrasting with Deutsche Bank's higher EUR 80.00 level. Henkel's market capitalization stood at EUR 30.9 billion, while the 52-week range extended from EUR 61.28 to EUR 84.20.

Third-quarter date is set

Henkel's financial calendar lists November 10, 2026, for its third-quarter 2026 reporting. Until then, the key comparison is between the company's 2026 growth upgrade and the pressure on earnings expectations reflected in the latest analyst note.