| Broker | Current | Previous | Change | Up-/Downside | Last Update |
|---|---|---|---|---|---|
| AlphaValue | 108.00 | 102.00 | 5.9% | 11.0% | 2026-10-28 |
| Bankhaus Metzler | 105.00 | 100.00 | 5.0% | 7.9% | 2026-11-05 |
| Barclays | 96.00 | 94.00 | 2.1% | -1.3% | 2026-10-28 |
| Bernstein SG | 99.00 | - | - | 1.8% | 2026-10-02 |
| BNP Paribas | 108.00 | 109.00 | -0.9% | 11.0% | 2026-10-28 |
| Citigroup | 112.00 | 105.00 | 6.7% | 15.1% | 2026-09-25 |
| Davy | 93.50 | - | - | -3.9% | 2026-10-28 |
| Deutsche Bank | 103.00 | 102.00 | 1.0% | 5.9% | 2026-10-28 |
| DZ Bank | 105.00 | 97.00 | 8.2% | 7.9% | 2026-10-28 |
| Kepler Cheuvreux | 94.00 | 80.00 | 17.5% | -3.4% | 2026-10-28 |
| LBBW | 102.00 | 99.00 | 3.0% | 4.9% | 2026-10-29 |
| Morgan Stanley | 102.00 | 99.00 | 3.0% | 4.9% | 2026-11-11 |
| Morningstar | 107.00 | 75.00 | 42.7% | 10.0% | 2026-09-17 |
| mwb research | 100.00 | 95.00 | 5.3% | 2.8% | 2026-10-28 |
| Oddo BHF | 94.00 | 75.00 | 25.3% | -3.4% | 2026-09-04 |
| Rothschild & Co Redburn | 119.00 | 109.00 | 9.2% | 22.3% | 2026-11-02 |
| Van Lanschot Kempen | 74.00 | 65.00 | 13.8% | -23.9% | 2026-08-12 |
| Target Price Consensus | 102.28 | 95.06 | 7.6% |
| Broker | Current | Previous | Change | Last Update |
|---|---|---|---|---|
| AlphaValue | Add | - | - | 2026-10-28 |
| Bankhaus Metzler | Buy | - | - | 2026-11-05 |
| Barclays | Equalweight | Equalweight | No | 2026-10-28 |
| Bernstein SG | Marketperform | - | - | 2026-10-02 |
| BNP Paribas | Outperform | - | - | 2026-10-28 |
| Citigroup | Buy | Sell | Yes | 2026-09-25 |
| Davy | Outperform | - | - | 2026-10-28 |
| Deutsche Bank | Buy | Buy | No | 2026-10-28 |
| DZ Bank | Buy | Hold | Yes | 2026-10-28 |
| Kepler Cheuvreux | Hold | Hold | No | 2026-10-28 |
| LBBW | Buy | Hold | Yes | 2026-10-29 |
| Morgan Stanley | Overweight | - | - | 2026-11-11 |
| Morningstar | Buy | - | Yes | 2026-09-17 |
| mwb research | Hold | Buy | Yes | 2026-10-28 |
| Oddo BHF | Neutral | - | - | 2026-09-04 |
| Rothschild & Co Redburn | Buy | - | - | 2026-11-02 |
| Van Lanschot Kempen | Neutral | Sell | Yes | 2026-08-12 |
| Target Price Consensus |
|
Recommendations
0.70Negative: 0, Neutral: 6, Positive: 14 (Total: 20) -1 +1 |
||||||||
| Target Prices (EUR) | Recommendations | |||||||
|---|---|---|---|---|---|---|---|---|
| Broker | Current | Previous | Change | Up-/Downside | Current | Previous | Change | Last Update |
| AlphaValue (Théodore Duval-Segard) | 108.00 | 102.00 | 5.9% | 11.0% | Add | - | - | 2026-10-28 |
| Bankhaus Metzler (Felix Dennl) | 105.00 | 100.00 | 5.0% | 7.9% | Buy | - | - | 2026-11-05 |
| Barclays (Alex Sloane) | 96.00 | 94.00 | 2.1% | -1.3% | Equalweight | Equalweight | No | 2026-10-28 |
| Bernstein SG (Victoria Nice) | 99.00 | - | - | 1.8% | Marketperform | - | - | 2026-10-02 |
| BNP Paribas (Nicola Tang) | 108.00 | 109.00 | -0.9% | 11.0% | Outperform | - | - | 2026-10-28 |
| Citigroup (Ranulf Orr) | 112.00 | 105.00 | 6.7% | 15.1% | Buy | Sell | Yes | 2026-09-25 |
| Davy (Cathal Kenny) | 93.50 | - | - | -3.9% | Outperform | - | - | 2026-10-28 |
| Deutsche Bank (Virginie Boucher-Ferte) | 103.00 | 102.00 | 1.0% | 5.9% | Buy | Buy | No | 2026-10-28 |
| DZ Bank (Thomas Maul) | 105.00 | 97.00 | 8.2% | 7.9% | Buy | Hold | Yes | 2026-10-28 |
| Kepler Cheuvreux (Martin Rödiger) | 94.00 | 80.00 | 17.5% | -3.4% | Hold | Hold | No | 2026-10-28 |
| LBBW (Ulle Woerner) | 102.00 | 99.00 | 3.0% | 4.9% | Buy | Hold | Yes | 2026-10-29 |
| Morgan Stanley (Lisa de Neve) | 102.00 | 99.00 | 3.0% | 4.9% | Overweight | - | - | 2026-11-11 |
| Morningstar (Diana Radu) | 107.00 | 75.00 | 42.7% | 10.0% | Buy | - | Yes | 2026-09-17 |
| mwb research (Abed Jarad) | 100.00 | 95.00 | 5.3% | 2.8% | Hold | Buy | Yes | 2026-10-28 |
| Oddo BHF (Michael Schäfer) | 94.00 | 75.00 | 25.3% | -3.4% | Neutral | - | - | 2026-09-04 |
| Rothschild & Co Redburn (Artem Chubarov) | 119.00 | 109.00 | 9.2% | 22.3% | Buy | - | - | 2026-11-02 |
| Van Lanschot Kempen (Eric Wilmer) | 74.00 | 65.00 | 13.8% | -23.9% | Neutral | Sell | Yes | 2026-08-12 |
| | ||||||||
| | ||||||||
| | ||||||||
| Target Price Consensus | 102.28 | 95.06 | 7.6% | |||||
| Current | Up-/Downside | |
|---|---|---|
| Price, last closing | 97.28 | |
| Number of Estimates | 20 | |
| Highest | 119.00 | 22.3% |
| Consensus | 102.28 | 5.1% |
| Median | 102.50 | 5.4% |
| Lowest | 74.00 | -23.9% |
| # Current | Of Total | |
|---|---|---|
| Positive | 14 | 70.0% |
| Neutral | 6 | 30.0% |
| Negative | 0 | 0.0% |
| Total | 20 |
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.
