This content is from: Research
The 2016 All-Europe Research Team: Chemicals, No. 1: Timothy Jones & team
Earning top honors for a sixth year running are Timothy Jones and his Deutsche Bank colleagues in London.
Total Appearances: 25
Team Debut: 1988
Earning top honors for a sixth year running are Timothy Jones and his Deutsche Bank colleagues in London. In November 2014 the three-person crew restated its buy ratings on two of its favorites in this sector. British specialty chemicals producer Synthomer the analysts deemed appealing in large part on optimism about the appointment of Calum MacLean as CEO. They highlighted Syngenta, a Switzerland-based supplier of agrichemicals and seeds, in light of management’s cost-cutting efforts and the strength of its crop-protection business. By the middle of last month, Synthomer’s stock had soared 48.4 percent, to 300.20p, and Syngenta’s had advanced 24.2 percent, to Sf376.20. During the same period, Europe’s chemicals shares overall slipped 3.9 percent. Another preferred name among the 23 companies the researchers monitor is Akzo Nobel, a Netherlands-based supplier of paints and coatings that they recommend buying because it is expanding earnings and margins, and its executive team is newly emphasizing organic growth, following a recent housecleaning of division heads. The shares closed at €57.37 in mid-January; they project a rise to €85. Jones, 43, wins praise from one fund manager for his “thorough, deep knowledge.”