Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Markets & Finance

UBS Warburg Upgrades FMC to 'Strong Buy'

UBS Warburg upgraded FMC (FMC) to strong buy from hold.

Analyst Andrew Cash says FMC is a more focused company, a pure play on the chemical industry after having spun off its food and oil equipment operations. He believes FMC is both underfollowed and underpriced. He notes FMC could rise in value due to earnings momentum tied to a general chemical industry upturn.

More importantly, Cash says he thinks the company is capable of closing up the value gap between the recent share price and his $55 target. He cites the sale of the company's agriculture chemical business as one potential way to raise earnings per share and cut debt. Cash also thinks CEO Bill Walter and FMC management are itching to create value.

blog comments powered by Disqus