Sika upgraded by BofA with higher target, shares in focus on SIX

By Anna Wagner, Analysts & Consensus desk. Reviewed prior to publication on 2026-06-25, 20:49.

Sika (CH0418792922) is back on the radar after BofA Securities upgraded the Swiss specialty chemicals group to Neutral from Underperform and lifted its price objective to 170 Swiss francs, according to an Investing.com summary of the note. Investing.com report on the BofA upgrade The stock trades on the SIX Swiss Exchange under the ticker SIKA, alongside blue chips from the SMI such as Holcim and ABB.

What BofA now expects

In its latest research update, BofA Securities argues that the earnings downgrade cycle at Sika is coming to an end and that recent declines in oil prices reduce risks to the company’s margin outlook, as cited in the Investing.com coverage of the note. German-language Investing.com summary of the BofA view The analysts lifted their rating to Neutral and raised the price objective from 122 Swiss francs to 170 Swiss francs, implying a more constructive stance on valuation.

BofA increased its EBIT estimates for fiscal years 2026 to 2028 by around 5 percent, citing less negative currency effects and a rebound of the U.S. dollar against the Swiss franc, as well as slightly higher margin assumptions supported by past price increases at Sika. English-language Investing.com article on Sika According to the report, the broker now forecasts adjusted earnings per share of 7.45 Swiss francs in 2026, 8.17 Swiss francs in 2027 and 8.95 Swiss francs in 2028, based on its updated model.

Consensus picture on Sika

The BofA move fits into a broader analyst landscape that continues to see Sika as a core European specialty chemicals name, even as opinions differ on short-term valuation. Market data compiled by platforms such as finanzen.ch show the shares trading in the mid- to high-160 Swiss franc range in recent sessions, reflecting a premium multiple to the sector. Fundamental snapshot of Sika on finanzen.ch Sika competes with peers such as BASF and Saint-Gobain in construction chemicals, where pricing power and input-cost trends remain under close watch.

On the chart side, data from finanzen.net indicates Sika shares recently changed hands around 168 Swiss francs on SIX, marking a gain of close to 2 percent on the day in that session, which suggests that investors are digesting the changed analyst tone against a backdrop of a firm Swiss equity market. Chart and intraday data for Sika on finanzen.net The stock’s valuation continues to price in structural growth, so incremental shifts in analyst expectations, such as BofA’s higher mid-term EPS estimates, tend to be watched closely.

The products behind the ticker

Sika generates its revenue with specialty chemical solutions such as concrete admixtures under the Sika ViscoCrete line and waterproofing systems like SikaProof membranes, which are used in infrastructure and commercial building projects worldwide. Company profile of Sika on businessabc The group also supplies adhesives and sealants for the automotive industry, which broadens its exposure beyond construction cycles.

Where the Sika shares trade today

The Sika shares (CH0418792922) most recently traded on the SIX Swiss Exchange around 168.00 Swiss francs, based on intraday data from finanzen.net as of 2026-06-25, 19:30, with trading volume concentrated on the Swiss venue.

Disclaimer: This article is for informational purposes only and does not constitute investment advice or a recommendation to buy or sell any securities.