| Broker | Current | Previous | Change | Up-/Downside | Last Update |
|---|---|---|---|---|---|
| AlphaValue | 267.00 | - | - | 25.4% | 2026-04-24 |
| Barclays | 270.00 | 270.00 | 0.0% | 26.8% | 2026-04-23 |
| Berenberg Bank | 250.00 | 215.00 | 16.3% | 17.4% | 2026-04-24 |
| Bernstein SG | 284.00 | 284.00 | 0.0% | 33.3% | 2026-04-23 |
| Deutsche Bank | 284.00 | 284.00 | 0.0% | 33.3% | 2026-04-27 |
| DZ Bank | 216.00 | - | - | 1.4% | 2026-04-24 |
| EQUI.TS GmbH | 295.00 | 305.00 | -3.3% | 38.5% | 2026-04-24 |
| Exane BNP Paribas | 260.00 | 260.00 | 0.0% | 22.1% | 2026-04-27 |
| Goldman Sachs | 230.00 | 232.00 | -0.9% | 8.0% | 2026-04-26 |
| Guggenheim Research | 275.00 | 275.00 | 0.0% | 29.1% | 2026-04-24 |
| HSBC | 263.00 | - | - | 23.5% | 2026-05-05 |
| J.P. Morgan | 270.00 | 270.00 | 0.0% | 26.8% | 2026-04-26 |
| Kepler Cheuvreux | - | - | - | - | - |
| KeyBanc Capital Markets | 445.00 | 445.00 | 0.0% | 108.9% | 2026-04-23 |
| LBBW | - | - | - | - | - |
| Metzler | - | - | - | - | - |
| Morgan Stanley | 300.00 | 300.00 | 0.0% | 40.8% | 2026-04-24 |
| Morningstar | 241.00 | 294.00 | -18.0% | 13.1% | 2026-04-23 |
| mwb research | 190.00 | 190.00 | 0.0% | -10.8% | 2026-04-23 |
| nephron | 305.00 | 305.00 | 0.0% | 43.2% | 2026-04-23 |
| Oddo BHF | 292.00 | 296.00 | -1.4% | 37.1% | 2026-04-29 |
| RBC Capital Markets | 220.00 | 220.00 | 0.0% | 3.3% | 2026-04-10 |
| Rothschild & Co Redburn | 285.00 | 285.00 | 0.0% | 33.8% | 2026-04-29 |
| Stifel | - | - | - | - | - |
| UBS Limited | 240.00 | 240.00 | 0.0% | 12.7% | 2026-04-24 |
| Wolfe Research | - | 275.00 | - | - | - |
| Target Price Consensus | 272.57 | 277.71 | -1.9% |
| Broker | Current | Previous | Change | Last Update |
|---|---|---|---|---|
| AlphaValue | Buy | - | - | 2026-04-24 |
| Barclays | Overweight | Overweight | No | 2026-04-23 |
| Berenberg Bank | Buy | Hold | Yes | 2026-04-24 |
| Bernstein SG | Outperform | Outperform | No | 2026-04-23 |
| Deutsche Bank | Buy | Buy | No | 2026-04-27 |
| DZ Bank | Hold | - | - | 2026-04-24 |
| EQUI.TS GmbH | Buy | Buy | No | 2026-04-24 |
| Exane BNP Paribas | Outperform | Outperform | No | 2026-04-27 |
| Goldman Sachs | Neutral | Neutral | No | 2026-04-26 |
| Guggenheim Research | Buy | Buy | No | 2026-04-24 |
| HSBC | Buy | - | - | 2026-05-05 |
| J.P. Morgan | Overweight | Overweight | No | 2026-04-26 |
| Kepler Cheuvreux | - | - | - | - |
| KeyBanc Capital Markets | Buy | Overweight | No | 2026-04-23 |
| LBBW | - | - | - | - |
| Metzler | - | - | - | - |
| Morgan Stanley | Overweight | Overweight | No | 2026-04-24 |
| Morningstar | - | - | - | 2026-04-23 |
| mwb research | Sell | Sell | No | 2026-04-23 |
| nephron | Buy | Buy | No | 2026-04-23 |
| Oddo BHF | Outperform | Outperform | No | 2026-04-29 |
| RBC Capital Markets | Sector Perform | Outperform | Yes | 2026-04-10 |
| Rothschild & Co Redburn | Buy | Buy | No | 2026-04-29 |
| Stifel | - | - | - | - |
| UBS Limited | Neutral | Neutral | No | 2026-04-24 |
| Wolfe Research | - | Outperform | - | - |
| Target Price Consensus |
|
Recommendations
0.73Negative: 1, Neutral: 4, Positive: 17 (Total: 22) -1 +1 |
||||||||
| Target Prices (EUR) | Recommendations | |||||||
|---|---|---|---|---|---|---|---|---|
| Broker | Current | Previous | Change | Up-/Downside | Current | Previous | Change | Last Update |
| AlphaValue | 267.00 | - | - | 25.4% | Buy | - | - | 2026-04-24 |
| Barclays | 270.00 | 270.00 | 0.0% | 26.8% | Overweight | Overweight | No | 2026-04-23 |
| Berenberg Bank | 250.00 | 215.00 | 16.3% | 17.4% | Buy | Hold | Yes | 2026-04-24 |
| Bernstein SG | 284.00 | 284.00 | 0.0% | 33.3% | Outperform | Outperform | No | 2026-04-23 |
| Deutsche Bank | 284.00 | 284.00 | 0.0% | 33.3% | Buy | Buy | No | 2026-04-27 |
| DZ Bank | 216.00 | - | - | 1.4% | Hold | - | - | 2026-04-24 |
| EQUI.TS GmbH | 295.00 | 305.00 | -3.3% | 38.5% | Buy | Buy | No | 2026-04-24 |
| Exane BNP Paribas | 260.00 | 260.00 | 0.0% | 22.1% | Outperform | Outperform | No | 2026-04-27 |
| Goldman Sachs | 230.00 | 232.00 | -0.9% | 8.0% | Neutral | Neutral | No | 2026-04-26 |
| Guggenheim Research | 275.00 | 275.00 | 0.0% | 29.1% | Buy | Buy | No | 2026-04-24 |
| HSBC | 263.00 | - | - | 23.5% | Buy | - | - | 2026-05-05 |
| J.P. Morgan | 270.00 | 270.00 | 0.0% | 26.8% | Overweight | Overweight | No | 2026-04-26 |
| Kepler Cheuvreux | - | - | - | - | - | - | - | - |
| KeyBanc Capital Markets | 445.00 | 445.00 | 0.0% | 108.9% | Buy | Overweight | No | 2026-04-23 |
| LBBW | - | - | - | - | - | - | - | - |
| Metzler | - | - | - | - | - | - | - | - |
| Morgan Stanley | 300.00 | 300.00 | 0.0% | 40.8% | Overweight | Overweight | No | 2026-04-24 |
| Morningstar | 241.00 | 294.00 | -18.0% | 13.1% | - | - | - | 2026-04-23 |
| mwb research | 190.00 | 190.00 | 0.0% | -10.8% | Sell | Sell | No | 2026-04-23 |
| nephron | 305.00 | 305.00 | 0.0% | 43.2% | Buy | Buy | No | 2026-04-23 |
| Oddo BHF | 292.00 | 296.00 | -1.4% | 37.1% | Outperform | Outperform | No | 2026-04-29 |
| RBC Capital Markets | 220.00 | 220.00 | 0.0% | 3.3% | Sector Perform | Outperform | Yes | 2026-04-10 |
| Rothschild & Co Redburn | 285.00 | 285.00 | 0.0% | 33.8% | Buy | Buy | No | 2026-04-29 |
| Stifel | - | - | - | - | - | - | - | - |
| UBS Limited | 240.00 | 240.00 | 0.0% | 12.7% | Neutral | Neutral | No | 2026-04-24 |
| Wolfe Research | - | 275.00 | - | - | - | Outperform | - | - |
| Target Price Consensus | 272.57 | 277.71 | -1.9% | |||||
| Current | Up-/Downside | |
|---|---|---|
| Price, last closing | 213.00 | |
| Number of Estimates | 23 | |
| Highest | 445.00 | 108.9% |
| Consensus (Mean) | 272.57 | 28.0% |
| Median | 270.00 | 26.8% |
| Lowest | 190.00 | -10.8% |
| # Current | Of Total | |
|---|---|---|
| Positive | 17 | 77.3% |
| Neutral | 4 | 18.2% |
| Negative | 1 | 4.5% |
| Total | 22 |
This document has been issued by Vara Research GmbH for information purposes only and is not intended to constitute investment advice. It is based on estimates and forecasts of various analysts regarding revenues, earnings and business developments of the relevant company. The company did not participate in the compilation of the estimates and it does not endorse them. Such estimates and forecasts cannot be independently verified by reason of the subjective character. Vara Research GmbH gives no guarantee, representation or warranty and is not responsible or liable as to its accuracy and completeness.
