Berenberg cuts Bucher to 'hold' on rising risks in US, Europe

Bucher Industries AG

08/01/2026 09:09

** Berenberg cuts Bucher Industries BUCN.S to "hold" from "buy", citing rising risks across the Swiss engineering group's key end-markets

** European agricultural machinery markets show fragility and U.S. farming recovery remains uncertain despite planned investments, which along with weak demand in the country limits visibility for the hydraulics division, Berenberg says

** Overall, a slower-than-expected rebound across divisions skews risk/reward to the downside, supporting a cautious stance for the farming and hydraulics machine maker's H1 2026, the brokerage adds

** Bucher shares drop almost 3% in morning trade

** Out of five analysts, two rate the stock "strong buy" or "buy" and ​three "hold" - LSEG data

(Reporting by Anastasiia Kozlova)

((Anastasiia.Kozlova@thomsonreuters.com))