Siegfried Analysts Expectations
Consensus as of: 2026-09-18
Broker Current Previous Change Up-/Downside Last Update
Baader Europe 102.00 98.10 4.0% 44.4%
2026-09-01
Bank Vontobel 100.00 105.00 -4.8% 41.5%
2026-08-31
Berenberg Bank 77.00 77.00 0.0% 9.0%
2026-08-25
Bernstein SG 140.00 126.00 11.1% 98.2%
2026-09-14
Deutsche Bank 109.00 109.00 0.0% 54.3%
2026-08-25
Kepler Cheuvreux 85.00 - - 20.3%
2026-09-01
Morningstar - - - -
-
Octavian 115.00 115.00 0.0% 62.8%
2026-08-25
Oddo BHF 105.00 105.00 0.0% 48.6%
2026-09-02
RBC Capital Markets 96.00 96.00 0.0% 35.9%
2026-08-21
Research Partners - 105.00 - -
-
Stifel 90.00 90.00 0.0% 27.4%
2026-08-24
UBS 81.00 80.00 1.3% 14.6%
2026-09-18
ZKB Zürcher Kantonalbank 130.00 130.00 0.0% 84.0%
2026-07-29
Target Price Consensus 102.50101.85 0.6%
Broker Current Previous Change Last Update
Baader Europe Buy Buy No 2026-09-01
Bank Vontobel Buy Buy No 2026-08-31
Berenberg Bank Hold Hold No 2026-08-25
Bernstein SG Outperform Outperform No 2026-09-14
Deutsche Bank Buy Buy No 2026-08-25
Kepler Cheuvreux Hold - - 2026-09-01
Morningstar - - - -
Octavian Buy Buy No 2026-08-25
Oddo BHF Outperform Outperform No 2026-09-02
RBC Capital Markets Marketperform Marketperform No 2026-08-21
Research Partners - Buy - -
Stifel Buy Buy No 2026-08-24
UBS Neutral Buy Yes 2026-09-18
ZKB Zürcher Kantonalbank Outperform Outperform No 2026-07-29
Target Price Consensus
Recommendations
Negative: 0, Neutral: 4, Positive: 8 (Total: 12)
0.67
-1 +1
Target Prices (CHF) Recommendations
BrokerCurrentPreviousChange Up-/Downside CurrentPreviousChange Last Update
Baader Europe 102.00 98.10 4.0% 44.4%
Buy Buy No 2026-09-01
Bank Vontobel 100.00 105.00 -4.8% 41.5%
Buy Buy No 2026-08-31
Berenberg Bank 77.00 77.00 0.0% 9.0%
Hold Hold No 2026-08-25
Bernstein SG 140.00 126.00 11.1% 98.2%
Outperform Outperform No 2026-09-14
Deutsche Bank 109.00 109.00 0.0% 54.3%
Buy Buy No 2026-08-25
Kepler Cheuvreux 85.00 - - 20.3%
Hold - - 2026-09-01
Morningstar - - - -
- - - -
Octavian 115.00 115.00 0.0% 62.8%
Buy Buy No 2026-08-25
Oddo BHF 105.00 105.00 0.0% 48.6%
Outperform Outperform No 2026-09-02
RBC Capital Markets 96.00 96.00 0.0% 35.9%
Marketperform Marketperform No 2026-08-21
Research Partners - 105.00 - -
- Buy - -
Stifel 90.00 90.00 0.0% 27.4%
Buy Buy No 2026-08-24
UBS 81.00 80.00 1.3% 14.6%
Neutral Buy Yes 2026-09-18
ZKB Zürcher Kantonalbank 130.00 130.00 0.0% 84.0%
Outperform Outperform No 2026-07-29
Target Price Consensus102.50101.85 0.6%
>10% upside
10% upside to 10% downside
>10% downside
Target Prices Summary
Current Up-/Downside
Price, last closing 70.65
Number of Estimates 12
Highest 140.00 98.2%
Consensus (Mean) 102.50 45.1%
Median 101.00 43.0%
Lowest 77.00 9.0%
All prices in CHF
Recommendations Summary
# Current Of Total
Positive 8 66.7%
Neutral 4 33.3%
Negative 0 0.0%
Total 12
Disclaimer

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.