| Broker | Current | Previous | Change | Up-/Downside | Last Update |
|---|---|---|---|---|---|
| Bankhaus Metzler | 34.00 | 34.00 | 0.0% | 16.4% | 2025-04-16 |
| Barclays | 38.00 | 38.00 | 0.0% | 30.1% | 2025-03-24 |
| Bernstein SG | 36.00 | 36.00 | 0.0% | 23.3% | 2025-04-29 |
| Citigroup | 28.10 | 28.10 | 0.0% | -3.8% | 2025-05-09 |
| Deutsche Bank | 35.00 | 35.00 | 0.0% | 19.9% | 2025-04-28 |
| DZ Bank | 35.00 | 35.00 | 0.0% | 19.9% | 2025-04-10 |
| Exane BNP Paribas | 35.00 | 35.00 | 0.0% | 19.9% | 2025-01-14 |
| Goldman Sachs | 27.30 | 27.30 | 0.0% | -6.5% | 2025-04-15 |
| Handelsbanken | 38.00 | 30.00 | 26.7% | 30.1% | 2025-05-23 |
| J.P. Morgan Cazenove | 34.00 | 34.00 | 0.0% | 16.4% | 2025-04-28 |
| Jefferies | 32.00 | 32.00 | 0.0% | 9.6% | 2025-04-08 |
| Kepler Cheuvreux | 25.00 | 25.00 | 0.0% | -14.4% | 2025-04-28 |
| LBBW | 31.00 | 31.00 | 0.0% | 6.2% | 2025-04-27 |
| Morgan Stanley | 35.00 | 35.00 | 0.0% | 19.9% | 2025-03-26 |
| mwb research | 23.00 | 23.00 | 0.0% | -21.2% | 2025-04-28 |
| Oddo BHF | 40.00 | 40.00 | 0.0% | 37.0% | 2025-04-28 |
| Pareto Securities | 30.00 | 30.00 | 0.0% | 2.7% | 2025-04-27 |
| SEB Enskilda | 41.00 | 41.00 | 0.0% | 40.4% | 2025-04-28 |
| UBS | 40.00 | 40.00 | 0.0% | 37.0% | 2025-04-28 |
| Warburg Research | 50.00 | 50.00 | 0.0% | 71.2% | 2025-04-14 |
| Broker | Current | Previous | Change | Last Update |
|---|---|---|---|---|
| Bankhaus Metzler | Hold | Hold | No | 2025-04-16 |
| Barclays | Equal-weight | Equal-weight | No | 2025-03-24 |
| Bernstein SG | Market-Perform | Market-Perform | No | 2025-04-29 |
| Citigroup | Neutral | Neutral | No | 2025-05-09 |
| Deutsche Bank | Buy | Buy | No | 2025-04-28 |
| DZ Bank | Hold | Hold | No | 2025-04-10 |
| Exane BNP Paribas | Outperform | Outperform | No | 2025-01-14 |
| Goldman Sachs | Neutral | Neutral | No | 2025-04-15 |
| Handelsbanken | Buy | Hold | Yes | 2025-05-23 |
| J.P. Morgan Cazenove | Neutral | Neutral | No | 2025-04-28 |
| Jefferies | Hold | Hold | No | 2025-04-08 |
| Kepler Cheuvreux | Reduce | Reduce | No | 2025-04-28 |
| LBBW | Hold | Hold | No | 2025-04-27 |
| Morgan Stanley | Equal-weight | Equal-weight | No | 2025-03-26 |
| mwb research | Sell | Sell | No | 2025-04-28 |
| Oddo BHF | Outperform | Outperform | No | 2025-04-28 |
| Pareto Securities | Hold | Hold | No | 2025-04-27 |
| SEB Enskilda | Buy | Buy | No | 2025-04-28 |
| UBS | Buy | Buy | No | 2025-04-28 |
| Warburg Research | Buy | Buy | No | 2025-04-14 |
|
Recommendations
0.25Negative: 2, Neutral: 11, Positive: 7 (Total: 20) -1 +1 |
||||||||
| Target Prices (EUR) | Recommendations | |||||||
|---|---|---|---|---|---|---|---|---|
| Broker | Current | Previous | Change | Up-/Downside | Current | Previous | Change | Last Update |
| Bankhaus Metzler (Pal Skirta) | 34.00 | 34.00 | 0.0% | 16.4% | Hold | Hold | No | 2025-04-16 |
| Barclays (Erwann Dagorne) | 38.00 | 38.00 | 0.0% | 30.1% | Equal-weight | Equal-weight | No | 2025-03-24 |
| Bernstein SG (Harry Martin) | 36.00 | 36.00 | 0.0% | 23.3% | Market-Perform | Market-Perform | No | 2025-04-29 |
| Citigroup (Klas Bergelind) | 28.10 | 28.10 | 0.0% | -3.8% | Neutral | Neutral | No | 2025-05-09 |
| Deutsche Bank (Nicolai Kempf) | 35.00 | 35.00 | 0.0% | 19.9% | Buy | Buy | No | 2025-04-28 |
| DZ Bank (Holger Schmidt) | 35.00 | 35.00 | 0.0% | 19.9% | Hold | Hold | No | 2025-04-10 |
| Exane BNP Paribas (Miguel Borrega) | 35.00 | 35.00 | 0.0% | 19.9% | Outperform | Outperform | No | 2025-01-14 |
| Goldman Sachs (Daniela Costa) | 27.30 | 27.30 | 0.0% | -6.5% | Neutral | Neutral | No | 2025-04-15 |
| Handelsbanken (Hampus Engellau) | 38.00 | 30.00 | 26.7% | 30.1% | Buy | Hold | Yes | 2025-05-23 |
| J.P. Morgan Cazenove (Jose Asumendi) | 34.00 | 34.00 | 0.0% | 16.4% | Neutral | Neutral | No | 2025-04-28 |
| Jefferies (Michael Aspinall) | 32.00 | 32.00 | 0.0% | 9.6% | Hold | Hold | No | 2025-04-08 |
| Kepler Cheuvreux (Michael Raab) | 25.00 | 25.00 | 0.0% | -14.4% | Reduce | Reduce | No | 2025-04-28 |
| LBBW (Frank Biller) | 31.00 | 31.00 | 0.0% | 6.2% | Hold | Hold | No | 2025-04-27 |
| Morgan Stanley (Shaqeal Kirunda) | 35.00 | 35.00 | 0.0% | 19.9% | Equal-weight | Equal-weight | No | 2025-03-26 |
| mwb research (Leon Mühlenbruch) | 23.00 | 23.00 | 0.0% | -21.2% | Sell | Sell | No | 2025-04-28 |
| Oddo BHF (Anthony Dick) | 40.00 | 40.00 | 0.0% | 37.0% | Outperform | Outperform | No | 2025-04-28 |
| Pareto Securities (Forbes Goldman) | 30.00 | 30.00 | 0.0% | 2.7% | Hold | Hold | No | 2025-04-27 |
| SEB Enskilda (Erik Golrang) | 41.00 | 41.00 | 0.0% | 40.4% | Buy | Buy | No | 2025-04-28 |
| UBS (Hemal Bhundia) | 40.00 | 40.00 | 0.0% | 37.0% | Buy | Buy | No | 2025-04-28 |
| Warburg Research (Fabio Hölscher) | 50.00 | 50.00 | 0.0% | 71.2% | Buy | Buy | No | 2025-04-14 |
| Current | Up-/Downside | |
|---|---|---|
| Price, last closing | 29.20 | |
| Number of Estimates | 20 | |
| Highest | 50.00 | 71.2% |
| Consensus (Mean) | 34.37 | 17.7% |
| Median | 35.00 | 19.9% |
| Lowest | 23.00 | -21.2% |
| # Current | Of Total | |
|---|---|---|
| Positive | 7 | 35.0% |
| Neutral | 11 | 55.0% |
| Negative | 2 | 10.0% |
| 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 compiled the estimates and shared them with Vara Research GmbH. Neither Vara Research GmbH nor the company endorses 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.
