| Broker | Current | Previous | Change | Up-/Downside | Last Update |
|---|---|---|---|---|---|
| AB Bernstein | 110.00 | 117.00 | -6.0% | 7.0% | 2023-01-09 |
| AlsterResearch | 95.00 | - | - | -7.6% | 2022-10-27 |
| Baader Helvea | 120.00 | 115.00 | 4.3% | 16.7% | 2022-10-27 |
| Barclays | 119.00 | 113.00 | 5.3% | 15.8% | 2022-11-14 |
| Berenberg Bank | 124.00 | 115.00 | 7.8% | 20.6% | 2023-01-18 |
| Citigroup | 114.00 | - | - | 10.9% | 2023-01-06 |
| Credit Suisse | 117.00 | - | - | 13.8% | 2022-08-08 |
| DZ Bank | 110.00 | 108.00 | 1.9% | 7.0% | 2022-11-16 |
| Davy | - | - | - | - | 2022-10-26 |
| Deutsche Bank | 125.00 | 138.00 | -9.4% | 21.6% | 2023-01-12 |
| Exane BNP Paribas | 128.00 | 125.00 | 2.4% | 24.5% | 2023-01-20 |
| Goldman Sachs | 114.00 | 116.00 | -1.7% | 10.9% | 2023-01-09 |
| Kepler Cheuvreux | 120.00 | - | - | 16.7% | 2023-01-17 |
| LBBW | 120.00 | 122.00 | -1.6% | 16.7% | 2022-10-27 |
| Morgan Stanley | 91.00 | 111.00 | -18.0% | -11.5% | 2023-01-09 |
| Morningstar | 90.00 | - | - | -12.5% | 2021-10-27 |
| Oddo BHF | 105.00 | 95.00 | 10.5% | 2.1% | 2022-10-27 |
| Redburn | 120.00 | - | - | 16.7% | 2022-01-14 |
| Société Générale | 140.00 | 130.00 | 7.7% | 36.2% | 2022-12-02 |
| Stifel | 108.00 | 118.00 | -8.5% | 5.1% | 2023-01-13 |
| UBS | 122.00 | 125.00 | -2.4% | 18.7% | 2023-01-10 |
| Warburg Research | 111.00 | 105.00 | 5.7% | 8.0% | 2022-11-07 |
| Broker | Current | Previous | Change | Last Update |
|---|---|---|---|---|
| AB Bernstein | Marketperform | - | - | 2023-01-09 |
| AlsterResearch | Sell | - | - | 2022-10-27 |
| Baader Helvea | Add | Buy | No | 2022-10-27 |
| Barclays | Equalweight | - | - | 2022-11-14 |
| Berenberg Bank | Buy | Hold | Yes | 2023-01-18 |
| Citigroup | Neutral | - | - | 2023-01-06 |
| Credit Suisse | Outperform | - | - | 2022-08-08 |
| DZ Bank | Hold | - | - | 2022-11-16 |
| Davy | Outperform | - | - | 2022-10-26 |
| Deutsche Bank | Buy | Buy | No | 2023-01-12 |
| Exane BNP Paribas | Outperform | Outperform | No | 2023-01-20 |
| Goldman Sachs | Neutral | Buy | Yes | 2023-01-09 |
| Kepler Cheuvreux | Buy | - | - | 2023-01-17 |
| LBBW | Buy | - | - | 2022-10-27 |
| Morgan Stanley | Underweight | Equalweight | Yes | 2023-01-09 |
| Morningstar | Sell | - | - | 2021-10-27 |
| Oddo BHF | Neutral | Hold | No | 2022-10-27 |
| Redburn | Hold | - | - | 2022-01-14 |
| Société Générale | Buy | Hold | Yes | 2022-12-02 |
| Stifel | Hold | - | - | 2023-01-13 |
| UBS | Buy | Neutral | Yes | 2023-01-10 |
| Warburg Research | Hold | - | - | 2022-11-07 |
|
Recommendations
0.36Negative: 3, Neutral: 10, Positive: 12 (Total: 25) -1 +1 |
||||||||
| Target Prices (EUR) | Recommendations | |||||||
|---|---|---|---|---|---|---|---|---|
| Broker | Current | Previous | Change | Up-/Downside | Current | Previous | Change | Last Update |
| AB Bernstein (Gunther Zechmann) | 110.00 | 117.00 | -6.0% | 7.0% | Marketperform | - | - | 2023-01-09 |
| AlsterResearch (Thomas Wissler) | 95.00 | - | - | -7.6% | Sell | - | - | 2022-10-27 |
| Baader Helvea (Andreas von Arx) | 120.00 | 115.00 | 4.3% | 16.7% | Add | Buy | No | 2022-10-27 |
| Barclays (Sebastian Satz) | 119.00 | 113.00 | 5.3% | 15.8% | Equalweight | - | - | 2022-11-14 |
| Berenberg Bank (James Target) | 124.00 | 115.00 | 7.8% | 20.6% | Buy | Hold | Yes | 2023-01-18 |
| Citigroup (Mubasher Chaudhry) | 114.00 | - | - | 10.9% | Neutral | - | - | 2023-01-06 |
| Credit Suisse (Sam Perry) | 117.00 | - | - | 13.8% | Outperform | - | - | 2022-08-08 |
| DZ Bank (Thomas Maul) | 110.00 | 108.00 | 1.9% | 7.0% | Hold | - | - | 2022-11-16 |
| Davy (Cathal Kenny) | - | - | - | - | Outperform | - | - | 2022-10-26 |
| Deutsche Bank (Virginie Boucher-Ferte) | 125.00 | 138.00 | -9.4% | 21.6% | Buy | Buy | No | 2023-01-12 |
| Exane BNP Paribas (Heidi Vesterinen) | 128.00 | 125.00 | 2.4% | 24.5% | Outperform | Outperform | No | 2023-01-20 |
| Goldman Sachs (Georgina Fraser) | 114.00 | 116.00 | -1.7% | 10.9% | Neutral | Buy | Yes | 2023-01-09 |
| Kepler Cheuvreux (Patrick Roquas) | 120.00 | - | - | 16.7% | Buy | - | - | 2023-01-17 |
| LBBW (Ulle Woerner) | 120.00 | 122.00 | -1.6% | 16.7% | Buy | - | - | 2022-10-27 |
| Morgan Stanley (Lisa de Neve) | 91.00 | 111.00 | -18.0% | -11.5% | Underweight | Equalweight | Yes | 2023-01-09 |
| Morningstar (Rob Hales) | 90.00 | - | - | -12.5% | Sell | - | - | 2021-10-27 |
| Oddo BHF (Michael Schäfer) | 105.00 | 95.00 | 10.5% | 2.1% | Neutral | Hold | No | 2022-10-27 |
| Redburn (Tony Jones) | 120.00 | - | - | 16.7% | Hold | - | - | 2022-01-14 |
| Société Générale (Thomas Swoboda) | 140.00 | 130.00 | 7.7% | 36.2% | Buy | Hold | Yes | 2022-12-02 |
| Stifel (Isha Sharma) | 108.00 | 118.00 | -8.5% | 5.1% | Hold | - | - | 2023-01-13 |
| UBS (Charles Eden) | 122.00 | 125.00 | -2.4% | 18.7% | Buy | Neutral | Yes | 2023-01-10 |
| Warburg Research (Oliver Schwarz) | 111.00 | 105.00 | 5.7% | 8.0% | Hold | - | - | 2022-11-07 |
| | ||||||||
| | ||||||||
| | ||||||||
| Current | Up-/Downside | |
|---|---|---|
| Price, last closing | 102.80 | |
| Number of Estimates | 24 | |
| Highest | 140.00 | 36.2% |
| Consensus | 115.00 | 11.9% |
| Median | 118.00 | 14.8% |
| Lowest | 90.00 | -12.5% |
| # Current | Of Total | |
|---|---|---|
| Positive | 12 | 48.0% |
| Neutral | 10 | 40.0% |
| Negative | 3 | 12.0% |
| Total | 25 |
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.
