Recticel S.A.

Recticel is engaged in the production of a variety of polyurethane foams that are used in the furniture, technical, automotive, bedding and insulation industries. The Flexible Foam Business Line covers the manufacture, conversion and marketing of flexible polyurethane foam. The types of flexible foams are classified as Comfort, Technical Foams and Composite Foams. Co. is also engaged in the manufacture of foams used in mattresses and slat bases. In addition, Co. manufactures rigid polyurethane and phenolic foams for thermal insulation. Co.'s automotive activities include: manufacturing moulded seat cushions, window encapsulation and manufacturing interior trim components.
  • TickerREC
  • ISINBE0003656676
  • ExchangeEuronext Brussels
  • SectorChemicals
  • CountryBelgium

Increased risk weighs on RECTICEL, penalising its rating down to Slightly Negative

The independent financial analyst theScreener just lowered the general evaluation of RECTICEL (BE), active in the Speciality Chemicals industry. As regards its fundamental valuation, the title still shows 3 out of 4 possible stars. Its market behaviour, however, has slightly deteriorated and will be qualified as risky moving forward. theScreener considers that these new qualifications justify an overall rating downgrade to Slightly Negative. As of the analysis date July 10, 2020, the closing price was EUR 8.68 and its target price was estimated at EUR 5.44.

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Benelux Morning Notes

Recticel: More visibility on Covid-19 impact. TomTom: 2Q20 preview - the big unknown

Lenny Van Steenhuyse ...
  • Sandra Cauwenberghs
  • Wim Hoste

Morning Note: KDS NA, REC BB

Kiadis: NK cells as the next frontier in immunotherapy Recticel: 2Q revenue -33%, adjusted EBITDA slightly positive

Alan Vandenberghe ...
  • Guy Sips
  • Jason Kalamboussis
  • Joachim Vansanten
  • Lenny Van Steenhuyse
  • Michiel Declercq
  • Sandra Cauwenberghs
  • Wido Jongman
  • Wim Hoste

Dynamic Top pick List 2020 - Update

Today we update our Dynamic Top Pick List : • We ADD : Care Property Invest • We KEEP : AB Inbev, Ahold Delhaize, Barco, Basic-Fit, Hal Trust, NN Group, UCB, VGP, WDP, Recticel and Inventiva. Since inception our DTPL is only down 2.4%, which represents an outperformance of 3.6%, 12.2% and 9.3% compared to the AEX, BEL20 and SX5E respectively. In June, our list underperformed all 3 benchmarks by 1.4% on average despite a very solid performance of UCB. The main contributors to this negative performance were : AB Inbev, Basic-Fit and Inventiva

Alan Vandenberghe ...
  • Guy Sips
  • Joachim Vansanten
  • Thomas Couvreur
  • Wim Hoste

Morning Note: AGFB BB, BANI BB, BAR BB, COLR BB, ECONB BB, REC BB, SLIGR NA, TINC BB

Agfa: Increasing inkjet ink production capacity Banimmo: Sales agreement for ING office Louvain-la-Neuve Barco: Share split by a factor 7 and new ISIN code Colruyt: Acquisition of Daltix Econocom: ECB sale closing & 1H20 guidance Recticel: Closing of Automotive Interiors & Eurofoams deals Sligro: Extra financial leeway but dividend cut TINC: Investment in Datacenter United

Dave Nicoski ...
  • Ross LaDuke

Vermilion Int'l Compass: Global Equity Strategy

Not much has changed over the past week when looking at the MSCI ACWI and S&P 500, with prices generally trending sideways and no material changes in our primary breadth indicators. Therefore, our outlook remains positive given breadth and price action improvements on both the ACWI and S&P 500 relative to mid-April (both developments that we highlighted in the 5/17/18 International Compass). • Major themes: Opportunities within Health Care and Materials. Price and relative strength trends continue to improve for our international equal-weight Health Care Sector. We recommend adding exposure.....

1 director bought

A director at Recticel bought 50,000 shares at 6.792EUR and the significance rating of the trade was 57/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The names of board memb...

ING
ING Helpdesk

Benelux Morning Notes

Recticel: More visibility on Covid-19 impact. TomTom: 2Q20 preview - the big unknown

Lenny Van Steenhuyse ...
  • Sandra Cauwenberghs
  • Wim Hoste

Morning Note: KDS NA, REC BB

Kiadis: NK cells as the next frontier in immunotherapy Recticel: 2Q revenue -33%, adjusted EBITDA slightly positive

Alan Vandenberghe ...
  • Guy Sips
  • Jason Kalamboussis
  • Joachim Vansanten
  • Lenny Van Steenhuyse
  • Michiel Declercq
  • Sandra Cauwenberghs
  • Wido Jongman
  • Wim Hoste

Dynamic Top pick List 2020 - Update

Today we update our Dynamic Top Pick List : • We ADD : Care Property Invest • We KEEP : AB Inbev, Ahold Delhaize, Barco, Basic-Fit, Hal Trust, NN Group, UCB, VGP, WDP, Recticel and Inventiva. Since inception our DTPL is only down 2.4%, which represents an outperformance of 3.6%, 12.2% and 9.3% compared to the AEX, BEL20 and SX5E respectively. In June, our list underperformed all 3 benchmarks by 1.4% on average despite a very solid performance of UCB. The main contributors to this negative performance were : AB Inbev, Basic-Fit and Inventiva

Alan Vandenberghe ...
  • Guy Sips
  • Joachim Vansanten
  • Thomas Couvreur
  • Wim Hoste

Morning Note: AGFB BB, BANI BB, BAR BB, COLR BB, ECONB BB, REC BB, SLIGR NA, TINC BB

Agfa: Increasing inkjet ink production capacity Banimmo: Sales agreement for ING office Louvain-la-Neuve Barco: Share split by a factor 7 and new ISIN code Colruyt: Acquisition of Daltix Econocom: ECB sale closing & 1H20 guidance Recticel: Closing of Automotive Interiors & Eurofoams deals Sligro: Extra financial leeway but dividend cut TINC: Investment in Datacenter United

ING
ING Helpdesk

Benelux Morning Notes

Colruyt: Small data-mining venture. Econocom: Preliminary H1 update, closing the EBC sale reassuring. Randstad: preview 2Q20. Recticel: Divestments completed. Sligro: Guidance update

Increased risk weighs on RECTICEL, penalising its rating down to Slightly Negative

The independent financial analyst theScreener just lowered the general evaluation of RECTICEL (BE), active in the Speciality Chemicals industry. As regards its fundamental valuation, the title still shows 3 out of 4 possible stars. Its market behaviour, however, has slightly deteriorated and will be qualified as risky moving forward. theScreener considers that these new qualifications justify an overall rating downgrade to Slightly Negative. As of the analysis date July 10, 2020, the closing price was EUR 8.68 and its target price was estimated at EUR 5.44.

Ford Equity International Rating and Forecast Report

Ford Equity International Research Reports cover 60 countries with over 30,000 stocks traded on international exchanges. A proprietary quantitative system compares each company to its peers on proven measures of business value, growth characteristics, and investor behavior. Ford's three recommendation ratings buy, hold and sell, represent each stock’s return potential relative to its own country market.. The rating reports which are generated each week, include the fundamental details behind each recommendation and reflect the fundamental and price data as of the last trading day of the week...

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