SYNGENTA: Will it go to Seed and or Grow

LODH Lifts Syngenta Target To CHF175

Tuesday, December 20, 2005 9:23:55 AM ET
Dow Jones Newswires



1310 GMT [Dow Jones]--Lombard Odier Darier Hentsch lifts Syngenta (SYT) target to CHF175 from CHF150, after lifting 06 EPS forecast 7.7% to CHF10.2, 07 forecast by 10% to CHF11.8. Take also into account share buyback, increased dividend payout. "The shares trade only at a 10% premium to the specialty chemicals sector, which in our view is too little." Adds that Syngenta remains the defensive pick of choice, keeps at buy. Trades +2.2% at CHF157.70.(SWZ)