Sika Price Target, Estimates Up as AlphaValue/Baader Europe Notes 'Convincing' Q3 Performance

09:21 AM EDT, 10/27/2026 (MT Newswires) -- AlphaValue/Baader Europe raised its price target and estimates for Sika (SIKA.SW) after a "convincing" third-quarter financial performance, reinforcing its positive view on the Swiss specialty chemicals company. "Management acknowledged some conservatism in its unchanged guidance, and reported no tangible deterioration in underlying momentum. Nevertheless, continued geopolitical uncertainty warrants caution on Q4 visibility," analysts wrote in a Tuesday note. "Our investment thesis remains intact, supported by infrastructure demand in EMEA and the Americas, which we expect to sustain growth through 2027 and 2028. We also assume a gradual return to growth in Asia/Pacific over this period, although the timing of stabilisation in Chinese residential construction remains uncertain." With this in mind, the research firm increased the add-rated stock's price target to 208 francs from 206 francs, while sales and EBITDA forecasts for full-year 2026 were bumped up by 0.9%.