Nomura affirms Henkel's "buy" rating.

(ADPnews) - May 18, 2010 - Nomura said on Tuesday it has maintained its "buy" stance and EUR 46 price target on the shares of German consumer goods maker Henkel (ETR:HEN3), following the upbeat quarter report of rival ITW (NYSE:ITW).

ITW posted yesterday a 19% annual revenue increase for the three months to April 30, 2010.

According to analyst Alex Smith, the figures and outlook of ITW sound encouraging for Henkel. If the …