| Broker | Current | Previous | Change | Up-/Downside | Last Update |
|---|---|---|---|---|---|
| AB Bernstein | 109.00 | 98.00 | 11.2% | -13.4% | 2021-10-26 |
| AlphaValue | 133.00 | - | - | 5.6% | 2021-10-26 |
| Baader Helvea | 130.00 | 127.00 | 2.4% | 3.3% | 2021-10-26 |
| Bank of America | 110.00 | - | - | -12.6% | 2021-03-10 |
| Barclays | 110.00 | 105.00 | 4.8% | -12.6% | 2021-09-02 |
| Berenberg Bank | 125.00 | 112.00 | 11.6% | -0.7% | 2021-10-28 |
| Citigroup | 126.00 | 110.00 | 14.5% | 0.1% | 2021-10-26 |
| Credit Suisse | 150.00 | 128.00 | 17.2% | 19.1% | 2021-11-01 |
| DZ Bank | 119.00 | 122.00 | -2.5% | -5.5% | 2021-10-26 |
| Davy | - | - | - | - | 2021-10-26 |
| Deutsche Bank | 135.00 | 124.00 | 8.9% | 7.2% | 2021-11-01 |
| Exane BNP Paribas | 145.00 | 142.00 | 2.1% | 15.2% | 2021-08-11 |
| Goldman Sachs | 138.00 | 136.00 | 1.5% | 9.6% | 2021-11-01 |
| Independent Research | 96.00 | 94.00 | 2.1% | -23.7% | 2021-04-29 |
| Jefferies | 130.00 | 111.00 | 17.1% | 3.3% | 2021-10-26 |
| Kepler Cheuvreux | 132.50 | 132.00 | 0.4% | 5.2% | 2021-10-26 |
| LBBW | 120.00 | 110.00 | 9.1% | -4.7% | 2021-10-27 |
| Liberum Capital | 110.00 | 102.00 | 7.8% | -12.6% | 2021-08-06 |
| Morgan Stanley | 100.00 | 93.00 | 7.5% | -20.6% | 2021-11-01 |
| Morningstar | 90.00 | 75.00 | 20.0% | -28.5% | 2021-10-27 |
| NordLB | 122.00 | 120.00 | 1.7% | -3.1% | 2021-10-26 |
| Oddo BHF | 95.00 | - | - | -24.5% | 2021-10-27 |
| Redburn | 100.00 | 77.00 | 29.9% | -20.6% | 2021-07-09 |
| Société Générale | 90.00 | - | - | -28.5% | 2021-10-26 |
| Stifel | 118.00 | 103.00 | 14.6% | -6.3% | 2021-07-02 |
| UBS | 140.00 | 142.00 | -1.4% | 11.2% | 2021-11-09 |
| Warburg Research | 116.00 | 103.00 | 12.6% | -7.9% | 2021-10-27 |
| Broker | Current | Previous | Change | Last Update |
|---|---|---|---|---|
| AB Bernstein | Marketperform | Marketperform | No | 2021-10-26 |
| AlphaValue | Add | - | - | 2021-10-26 |
| Baader Helvea | Add | Buy | No | 2021-10-26 |
| Bank of America | Buy | - | - | 2021-03-10 |
| Barclays | Hold | Equalweight | No | 2021-09-02 |
| Berenberg Bank | Hold | Hold | No | 2021-10-28 |
| Citigroup | Neutral | Sell | Yes | 2021-10-26 |
| Credit Suisse | Outperform | Outperform | No | 2021-11-01 |
| DZ Bank | Hold | Hold | No | 2021-10-26 |
| Davy | Outperform | - | - | 2021-10-26 |
| Deutsche Bank | Buy | Buy | No | 2021-11-01 |
| Exane BNP Paribas | Buy | Outperform | No | 2021-08-11 |
| Goldman Sachs | Buy | Sell | Yes | 2021-11-01 |
| Independent Research | Sell | Hold | Yes | 2021-04-29 |
| Jefferies | Buy | Hold | Yes | 2021-10-26 |
| Kepler Cheuvreux | Buy | Hold | Yes | 2021-10-26 |
| LBBW | Hold | Hold | No | 2021-10-27 |
| Liberum Capital | Hold | Sell | Yes | 2021-08-06 |
| Morgan Stanley | Underweight | - | - | 2021-11-01 |
| Morningstar | Sell | - | Yes | 2021-10-27 |
| NordLB | Hold | Buy | Yes | 2021-10-26 |
| Oddo BHF | Neutral | Hold | No | 2021-10-27 |
| Redburn | Hold | Neutral | No | 2021-07-09 |
| Société Générale | Sell | - | - | 2021-10-26 |
| Stifel | Hold | - | - | 2021-07-02 |
| UBS | Buy | Neutral | Yes | 2021-11-09 |
| Warburg Research | Hold | Buy | Yes | 2021-10-27 |
|
Recommendations
0.25Negative: 4, Neutral: 13, Positive: 11 (Total: 28) -1 +1 |
||||||||
| Target Prices (EUR) | Recommendations | |||||||
|---|---|---|---|---|---|---|---|---|
| Broker | Current | Previous | Change | Up-/Downside | Current | Previous | Change | Last Update |
| AB Bernstein (Gunther Zechmann) | 109.00 | 98.00 | 11.2% | -13.4% | Marketperform | Marketperform | No | 2021-10-26 |
| AlphaValue (Martin Schnee) | 133.00 | - | - | 5.6% | Add | - | - | 2021-10-26 |
| Baader Helvea (Andreas von Arx) | 130.00 | 127.00 | 2.4% | 3.3% | Add | Buy | No | 2021-10-26 |
| Bank of America (Matthew Yates) | 110.00 | - | - | -12.6% | Buy | - | - | 2021-03-10 |
| Barclays (Sebastian Satz) | 110.00 | 105.00 | 4.8% | -12.6% | Hold | Equalweight | No | 2021-09-02 |
| Berenberg Bank (James Target) | 125.00 | 112.00 | 11.6% | -0.7% | Hold | Hold | No | 2021-10-28 |
| Citigroup (Mubasher Chaudhry) | 126.00 | 110.00 | 14.5% | 0.1% | Neutral | Sell | Yes | 2021-10-26 |
| Credit Suisse (Sam Perry) | 150.00 | 128.00 | 17.2% | 19.1% | Outperform | Outperform | No | 2021-11-01 |
| DZ Bank (Thomas Maul) | 119.00 | 122.00 | -2.5% | -5.5% | Hold | Hold | No | 2021-10-26 |
| Davy (Cathal Kenny) | - | - | - | - | Outperform | - | - | 2021-10-26 |
| Deutsche Bank (Virginie Boucher-Ferte) | 135.00 | 124.00 | 8.9% | 7.2% | Buy | Buy | No | 2021-11-01 |
| Exane BNP Paribas (Heidi Vesterinen) | 145.00 | 142.00 | 2.1% | 15.2% | Buy | Outperform | No | 2021-08-11 |
| Goldman Sachs (Georgina Fraser) | 138.00 | 136.00 | 1.5% | 9.6% | Buy | Sell | Yes | 2021-11-01 |
| Independent Research (Sven Diermeier) | 96.00 | 94.00 | 2.1% | -23.7% | Sell | Hold | Yes | 2021-04-29 |
| Jefferies (Charlie Bentley) | 130.00 | 111.00 | 17.1% | 3.3% | Buy | Hold | Yes | 2021-10-26 |
| Kepler Cheuvreux (Patrick Roquas) | 132.50 | 132.00 | 0.4% | 5.2% | Buy | Hold | Yes | 2021-10-26 |
| LBBW (Ulle Woerner) | 120.00 | 110.00 | 9.1% | -4.7% | Hold | Hold | No | 2021-10-27 |
| Liberum Capital (William Larwood) | 110.00 | 102.00 | 7.8% | -12.6% | Hold | Sell | Yes | 2021-08-06 |
| Morgan Stanley (Lisa de Neve) | 100.00 | 93.00 | 7.5% | -20.6% | Underweight | - | - | 2021-11-01 |
| Morningstar (Rob Hales) | 90.00 | 75.00 | 20.0% | -28.5% | Sell | - | Yes | 2021-10-27 |
| NordLB (Thorsten Strauss) | 122.00 | 120.00 | 1.7% | -3.1% | Hold | Buy | Yes | 2021-10-26 |
| Oddo BHF (Michael Schäfer) | 95.00 | - | - | -24.5% | Neutral | Hold | No | 2021-10-27 |
| Redburn (Ranulf Orr) | 100.00 | 77.00 | 29.9% | -20.6% | Hold | Neutral | No | 2021-07-09 |
| Société Générale (Thomas Swoboda) | 90.00 | - | - | -28.5% | Sell | - | - | 2021-10-26 |
| Stifel (Isha Sharma) | 118.00 | 103.00 | 14.6% | -6.3% | Hold | - | - | 2021-07-02 |
| UBS (Charles Eden) | 140.00 | 142.00 | -1.4% | 11.2% | Buy | Neutral | Yes | 2021-11-09 |
| Warburg Research (Oliver Schwarz) | 116.00 | 103.00 | 12.6% | -7.9% | Hold | Buy | Yes | 2021-10-27 |
| | ||||||||
| Current | Up-/Downside | |
|---|---|---|
| Price, last closing | 125.90 | |
| Number of Estimates | 27 | |
| Highest | 150.00 | 19.1% |
| Consensus | 118.61 | -5.8% |
| Median | 119.00 | -5.5% |
| Lowest | 90.00 | -28.5% |
| # Current | Of Total | |
|---|---|---|
| Positive | 11 | 39.3% |
| Neutral | 13 | 46.4% |
| Negative | 4 | 14.3% |
| Total | 28 |
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.
