| Broker | Current | Previous | Change | Up-/Downside | Last Update |
|---|---|---|---|---|---|
| AlphaValue | 92.80 | 90.30 | 2.8% | 6.9% | 2026-04-29 |
| Bankhaus Metzler | 100.00 | 95.00 | 5.3% | 15.2% | 2026-06-30 |
| Barclays | 84.00 | 81.00 | 3.7% | -3.2% | 2026-06-29 |
| Berenberg Bank | 82.60 | 81.20 | 1.7% | -4.8% | 2026-04-29 |
| Bernstein SG | 99.00 | - | - | 14.1% | 2026-07-22 |
| Citigroup | 105.00 | 122.00 | -13.9% | 21.0% | 2026-07-01 |
| Davy | 93.50 | 117.45 | -20.4% | 7.7% | 2026-03-25 |
| Deutsche Bank | 100.00 | 83.00 | 20.5% | 15.2% | 2026-07-01 |
| DZ Bank | 97.00 | 107.00 | -9.3% | 11.8% | 2026-05-12 |
| Exane BNP Paribas | 98.00 | 110.00 | -10.9% | 12.9% | 2026-04-30 |
| Goldman Sachs | 79.00 | 83.00 | -4.8% | -9.0% | 2026-06-26 |
| Kepler Cheuvreux | 80.00 | 78.00 | 2.6% | -7.8% | 2026-06-29 |
| LBBW | 92.00 | 100.00 | -8.0% | 6.0% | 2026-05-06 |
| Morgan Stanley | 98.00 | 97.00 | 1.0% | 12.9% | 2026-06-29 |
| Morningstar | 107.00 | 112.00 | -4.5% | 23.3% | 2026-04-30 |
| mwb research | 100.00 | 95.00 | 5.3% | 15.2% | 2026-07-06 |
| Oddo BHF | 75.00 | 102.00 | -26.5% | -13.6% | 2026-04-29 |
| Redburn Atlantic | 92.00 | 97.00 | -5.2% | 6.0% | 2026-05-05 |
| UBS | 94.00 | 92.00 | 2.2% | 8.3% | 2026-06-18 |
| Van Lanschot Kempen | 65.00 | 70.00 | -7.1% | -25.1% | 2026-03-16 |
| Target Price Consensus | 92.34 | 96.36 | -4.2% |
| Broker | Current | Previous | Change | Last Update |
|---|---|---|---|---|
| AlphaValue | Add | - | - | 2026-04-29 |
| Bankhaus Metzler | Buy | - | - | 2026-06-30 |
| Barclays | Equalweight | Equalweight | No | 2026-06-29 |
| Berenberg Bank | Hold | Hold | No | 2026-04-29 |
| Bernstein SG | Marketperform | - | - | 2026-07-22 |
| Citigroup | Buy | Sell | Yes | 2026-07-01 |
| Davy | Outperform | - | - | 2026-03-25 |
| Deutsche Bank | Buy | Buy | No | 2026-07-01 |
| DZ Bank | Buy | Hold | Yes | 2026-05-12 |
| Exane BNP Paribas | Outperform | Outperform | No | 2026-04-30 |
| Goldman Sachs | Neutral | Buy | Yes | 2026-06-26 |
| Kepler Cheuvreux | Hold | Hold | No | 2026-06-29 |
| LBBW | Buy | Hold | Yes | 2026-05-06 |
| Morgan Stanley | Overweight | - | - | 2026-06-29 |
| Morningstar | Buy | - | Yes | 2026-04-30 |
| mwb research | Hold | Buy | Yes | 2026-07-06 |
| Oddo BHF | Neutral | - | - | 2026-04-29 |
| Redburn Atlantic | Buy | - | - | 2026-05-05 |
| UBS | Buy | Neutral | Yes | 2026-06-18 |
| Van Lanschot Kempen | Sell | Neutral | Yes | 2026-03-16 |
| Target Price Consensus |
|
Recommendations
0.57Negative: 1, Neutral: 8, Positive: 14 (Total: 23) -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% | 6.9% | Add | - | - | 2026-04-29 |
| Bankhaus Metzler (Felix Dennl) | 100.00 | 95.00 | 5.3% | 15.2% | Buy | - | - | 2026-06-30 |
| Barclays (Alex Sloane) | 84.00 | 81.00 | 3.7% | -3.2% | Equalweight | Equalweight | No | 2026-06-29 |
| Berenberg Bank (Matthew Abraham) | 82.60 | 81.20 | 1.7% | -4.8% | Hold | Hold | No | 2026-04-29 |
| Bernstein SG (Victoria Nice) | 99.00 | - | - | 14.1% | Marketperform | - | - | 2026-07-22 |
| Citigroup (Ranulf Orr) | 105.00 | 122.00 | -13.9% | 21.0% | Buy | Sell | Yes | 2026-07-01 |
| Davy (Cathal Kenny) | 93.50 | 117.45 | -20.4% | 7.7% | Outperform | - | - | 2026-03-25 |
| Deutsche Bank (Virginie Boucher-Ferte) | 100.00 | 83.00 | 20.5% | 15.2% | Buy | Buy | No | 2026-07-01 |
| DZ Bank (Thomas Maul) | 97.00 | 107.00 | -9.3% | 11.8% | Buy | Hold | Yes | 2026-05-12 |
| Exane BNP Paribas (Nicola Tang) | 98.00 | 110.00 | -10.9% | 12.9% | Outperform | Outperform | No | 2026-04-30 |
| Goldman Sachs (Georgina Fraser) | 79.00 | 83.00 | -4.8% | -9.0% | Neutral | Buy | Yes | 2026-06-26 |
| Kepler Cheuvreux (Martin Rödiger) | 80.00 | 78.00 | 2.6% | -7.8% | Hold | Hold | No | 2026-06-29 |
| LBBW (Ulle Woerner) | 92.00 | 100.00 | -8.0% | 6.0% | Buy | Hold | Yes | 2026-05-06 |
| Morgan Stanley (Lisa de Neve) | 98.00 | 97.00 | 1.0% | 12.9% | Overweight | - | - | 2026-06-29 |
| Morningstar (Diana Radu) | 107.00 | 112.00 | -4.5% | 23.3% | Buy | - | Yes | 2026-04-30 |
| mwb research (Abed Jarad) | 100.00 | 95.00 | 5.3% | 15.2% | Hold | Buy | Yes | 2026-07-06 |
| Oddo BHF (Michael Schäfer) | 75.00 | 102.00 | -26.5% | -13.6% | Neutral | - | - | 2026-04-29 |
| Redburn Atlantic (Artem Chubarov) | 92.00 | 97.00 | -5.2% | 6.0% | Buy | - | - | 2026-05-05 |
| UBS (Priyanka Patel) | 94.00 | 92.00 | 2.2% | 8.3% | Buy | Neutral | Yes | 2026-06-18 |
| Van Lanschot Kempen (Eric Wilmer) | 65.00 | 70.00 | -7.1% | -25.1% | Sell | Neutral | Yes | 2026-03-16 |
| | ||||||||
| | ||||||||
| | ||||||||
| Target Price Consensus | 92.34 | 96.36 | -4.2% | |||||
| Current | Up-/Downside | |
|---|---|---|
| Price, last closing | 86.78 | |
| Number of Estimates | 23 | |
| Highest | 110.00 | 26.8% |
| Consensus | 92.34 | 6.4% |
| Median | 94.00 | 8.3% |
| Lowest | 65.00 | -25.1% |
| # Current | Of Total | |
|---|---|---|
| Positive | 14 | 60.9% |
| Neutral | 8 | 34.8% |
| Negative | 1 | 4.3% |
| Total | 23 |
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.
