Goldman Sachs analysts recommend large‑cap petrochemical stocks as Middle East conflict creates rapid, severe supply shocks across global chemical markets.
The firm highlights Air Liquide, BASF and Novonesis as Buy‑rated, setting price targets of €180.52, €50.94 and Dkr387.30 respectively.
Goldman notes that cost shocks are bypassing earlier inventory‑stocking phases, especially in Asia, affecting textiles and packaging downstream sectors.
The analysts argue larger‑cap firms’ scale, balance‑sheet flexibility and global procurement should better weather upcoming working‑capital volatility.