| Broker | Current | Previous | Change | Up-/Downside | Last Update |
|---|---|---|---|---|---|
| AlphaValue | 92.80 | 90.30 | 2.8% | 21.5% | 2026-04-29 |
| Bankhaus Metzler | 95.00 | 105.00 | -9.5% | 24.4% | 2026-01-21 |
| Barclays | 84.00 | 81.00 | 3.7% | 10.0% | 2026-04-30 |
| Berenberg Bank | 82.60 | 81.20 | 1.7% | 8.1% | 2026-04-29 |
| Citigroup | 105.00 | 122.00 | -13.9% | 37.5% | 2026-04-29 |
| Davy | 93.50 | 117.45 | -20.4% | 22.4% | 2026-03-25 |
| Deutsche Bank | 83.00 | 90.00 | -7.8% | 8.7% | 2026-05-04 |
| DZ Bank | 97.00 | 107.00 | -9.3% | 27.0% | 2026-05-12 |
| Exane BNP Paribas | 98.00 | 110.00 | -10.9% | 28.3% | 2026-04-30 |
| Goldman Sachs | 79.00 | 83.00 | -4.8% | 3.4% | 2026-06-08 |
| Kepler Cheuvreux | 80.00 | 78.00 | 2.6% | 4.7% | 2026-05-04 |
| LBBW | 92.00 | 100.00 | -8.0% | 20.5% | 2026-05-06 |
| Morgan Stanley | 97.00 | 99.00 | -2.0% | 27.0% | 2026-05-27 |
| Morningstar | 107.00 | 112.00 | -4.5% | 40.1% | 2026-04-30 |
| mwb research | 95.00 | 100.00 | -5.0% | 24.4% | 2026-04-29 |
| Redburn Atlantic | 92.00 | 97.00 | -5.2% | 20.5% | 2026-05-05 |
| UBS | 94.00 | 92.00 | 2.2% | 23.1% | 2026-05-05 |
| Van Lanschot Kempen | 65.00 | 70.00 | -7.1% | -14.9% | 2026-03-16 |
| Warburg Research | 110.00 | 113.00 | -2.7% | 44.0% | 2026-01-13 |
| Target Price Consensus | 92.00 | 97.82 | -5.9% |
| Broker | Current | Previous | Change | Last Update |
|---|---|---|---|---|
| AlphaValue | Add | - | - | 2026-04-29 |
| Bankhaus Metzler | Buy | - | - | 2026-01-21 |
| Barclays | Equalweight | Equalweight | No | 2026-04-30 |
| Berenberg Bank | Hold | Hold | No | 2026-04-29 |
| Citigroup | Buy | Sell | Yes | 2026-04-29 |
| Davy | Outperform | - | - | 2026-03-25 |
| Deutsche Bank | Buy | Buy | No | 2026-05-04 |
| DZ Bank | Buy | Hold | Yes | 2026-05-12 |
| Exane BNP Paribas | Outperform | Outperform | No | 2026-04-30 |
| Goldman Sachs | Neutral | Buy | Yes | 2026-06-08 |
| Kepler Cheuvreux | Hold | Hold | No | 2026-05-04 |
| LBBW | Buy | Hold | Yes | 2026-05-06 |
| Morgan Stanley | Overweight | - | - | 2026-05-27 |
| Morningstar | Buy | - | Yes | 2026-04-30 |
| mwb research | Buy | - | - | 2026-04-29 |
| Redburn Atlantic | Buy | - | - | 2026-05-05 |
| UBS | Buy | Neutral | Yes | 2026-05-05 |
| Van Lanschot Kempen | Sell | Neutral | Yes | 2026-03-16 |
| Warburg Research | Buy | Buy | No | 2026-01-13 |
| Target Price Consensus |
|
Recommendations
0.68Negative: 1, Neutral: 5, Positive: 16 (Total: 22) -1 +1 |
||||||||
| Target Prices (EUR) | Recommendations | |||||||
|---|---|---|---|---|---|---|---|---|
| Broker | Current | Previous | Change | Up-/Downside | Current | Previous | Change | Last Update |
| AlphaValue (Théodore Duval-Segard) | 92.80 | 90.30 | 2.8% | 21.5% | Add | - | - | 2026-04-29 |
| Bankhaus Metzler (Thomas Schulte-Vorwick) | 95.00 | 105.00 | -9.5% | 24.4% | Buy | - | - | 2026-01-21 |
| Barclays (Alex Sloane) | 84.00 | 81.00 | 3.7% | 10.0% | Equalweight | Equalweight | No | 2026-04-30 |
| Berenberg Bank (Fulvio Cazzol) | 82.60 | 81.20 | 1.7% | 8.1% | Hold | Hold | No | 2026-04-29 |
| Citigroup (Ranulf Orr) | 105.00 | 122.00 | -13.9% | 37.5% | Buy | Sell | Yes | 2026-04-29 |
| Davy (Cathal Kenny) | 93.50 | 117.45 | -20.4% | 22.4% | Outperform | - | - | 2026-03-25 |
| Deutsche Bank (Virginie Boucher-Ferte) | 83.00 | 90.00 | -7.8% | 8.7% | Buy | Buy | No | 2026-05-04 |
| DZ Bank (Thomas Maul) | 97.00 | 107.00 | -9.3% | 27.0% | Buy | Hold | Yes | 2026-05-12 |
| Exane BNP Paribas (Nicola Tang) | 98.00 | 110.00 | -10.9% | 28.3% | Outperform | Outperform | No | 2026-04-30 |
| Goldman Sachs (Georgina Fraser) | 79.00 | 83.00 | -4.8% | 3.4% | Neutral | Buy | Yes | 2026-06-08 |
| Kepler Cheuvreux (Martin Rödiger) | 80.00 | 78.00 | 2.6% | 4.7% | Hold | Hold | No | 2026-05-04 |
| LBBW (Ulle Woerner) | 92.00 | 100.00 | -8.0% | 20.5% | Buy | Hold | Yes | 2026-05-06 |
| Morgan Stanley (Lisa de Neve) | 97.00 | 99.00 | -2.0% | 27.0% | Overweight | - | - | 2026-05-27 |
| Morningstar (Diana Radu) | 107.00 | 112.00 | -4.5% | 40.1% | Buy | - | Yes | 2026-04-30 |
| mwb research (Thomas Wissler) | 95.00 | 100.00 | -5.0% | 24.4% | Buy | - | - | 2026-04-29 |
| Redburn Atlantic (Artem Chubarov) | 92.00 | 97.00 | -5.2% | 20.5% | Buy | - | - | 2026-05-05 |
| UBS (Charles Eden) | 94.00 | 92.00 | 2.2% | 23.1% | Buy | Neutral | Yes | 2026-05-05 |
| Van Lanschot Kempen (Eric Wilmer) | 65.00 | 70.00 | -7.1% | -14.9% | Sell | Neutral | Yes | 2026-03-16 |
| Warburg Research (Oliver Schwarz) | 110.00 | 113.00 | -2.7% | 44.0% | Buy | Buy | No | 2026-01-13 |
| | ||||||||
| | ||||||||
| | ||||||||
| Target Price Consensus | 92.00 | 97.82 | -5.9% | |||||
| Current | Up-/Downside | |
|---|---|---|
| Price, last closing | 76.38 | |
| Number of Estimates | 22 | |
| Highest | 110.00 | 44.0% |
| Consensus | 92.00 | 20.5% |
| Median | 93.75 | 22.7% |
| Lowest | 65.00 | -14.9% |
| # Current | Of Total | |
|---|---|---|
| Positive | 16 | 72.7% |
| Neutral | 5 | 22.7% |
| 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.
