Jefferies repeats EUR 15.00 target for Azelis stock

Published on 10/14/2026 at 12:34 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Jefferies kept its EUR 15.00 target on October 12, 2026. Azelis stock was at EUR 13.50 on October 14, 2026 versus that target.

Target and reporting date

A report from Jefferies kept its EUR 15.00 target for Azelis on October 12, 2026.
First-half 2026 revenue reached EUR 2.20 billion, up 3.20 percent year over year.
Azelis stock traded at EUR 13.50 at 12:29 p.m. CEST at Lang & Schwarz on October 14, 2026.

Azelis, BE0974400328, Illustration mit AI erstellt.

Azelis stock (ISIN BE0974400328) was trading at EUR 13.50 at Lang & Schwarz on October 14, 2026 at 12:29 p.m. CEST, while Jefferies kept a EUR 15.00 target for the company in a report covered by MarketScreener on October 12, 2026. The target leaves EUR 1.50 between the market price and the analyst view.

Three figures changed the picture

On July 30, 2026, Azelis reported first-half revenue of EUR 2.20 billion, up 3.20 percent year over year, according to the earnings-call transcript published by Yahoo Finance. Adjusted EBITDA reached EUR 233.00 million, an increase of 2.60 percent from the prior year, while free cash flow stood at EUR 122.00 million.

The earnings mix was uneven. Asia Pacific revenue rose 8.20 percent to EUR 428.00 million in the first half, while Americas revenue increased 2.30 percent to EUR 748.00 million. EMEA revenue reached EUR 990.00 million, with acquisitions contributing 6.30 percent and organic revenue declining 4.60 percent, according to the same dated transcript.

What does the target imply?

Jefferies expects Azelis EBITA to recover 10.00 percent to EUR 108.00 million in the third quarter, below consensus of EUR 113.40 million, according to MarketScreener. For full-year 2026, the analyst expects EBITA of EUR 424.40 million against consensus of EUR 436.00 million, making the EUR 15.00 target dependent on earnings recovery rather than a clean consensus beat.

On October 6, 2026, AnalystHighTarget kept a EUR 16.00 fair value for Azelis, according to Simply Wall St. That valuation was tied to cost savings, digital tools, Asia Pacific growth and working-capital demands, while foreign exchange and margin pressure remained key risks.

Results date sets the next marker

Azelis is scheduled to report its third-quarter results on October 22, 2026, according to MarketScreener. That release should test whether the expected EUR 108.00 million EBITA recovery is emerging while EMEA demand remains softer than growth in Asia Pacific and the Americas.

Price stays below analyst targets

Azelis was trading at EUR 13.50 at Lang & Schwarz on October 14, 2026 at 12:29 p.m. CEST. The company is listed on Euronext Brussels under ticker AZE, according to Global Banking and Finance, which identifies the business as an industrial distributor of specialty chemicals and food ingredients.

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