14 November 2024

TEST mit PDF

7C Solarparken AG

Target price

 

Recommendation

 

Buy

23 October 2023

Test 24.10.2023 #4

Accentro Real Estate AG

Target price

 

Recommendation

 

Buy

23 October 2023

Test 24.10.2023 #6

Accentro Real Estate AG

Target price

 

Recommendation

 

Buy

23 October 2023

Test 24.10.2023 #9

Accentro Real Estate AG

Target price

 

Recommendation

 

Buy

23 October 2023

Test 24.10.2023 #10

Accentro Real Estate AG

Target price

 

Recommendation

 

Buy

23 October 2023

New Report from marco

Aurubis AG

Target price

 

Recommendation

 

Buy

23 October 2023

Test 24.10.2023 #33

7C Solarparken AG

Target price

 

Recommendation

 

Buy

21 February 2023

TEST MM 22.02. 1

Accentro Real Estate AG

Target price

 

Recommendation

 

Buy

01 February 2023

test 2. Februar 2023

Accentro Real Estate AG

Target price

 

Recommendation

 

Buy

10 November 2019

GFT with very positive Q3 figures – significant pick-up on revenues

Accentro Real Estate AG

Target price

 

Recommendation

 

Buy

10 November 2019

GFT with very positive Q3 figures – significant pick-up on revenues

Accentro Real Estate AG

Target price

 

Recommendation

 

Buy

19 August 2019

Test NEU

Accentro Real Estate AG

Target price

 

Recommendation

 

Buy

18 August 2019

Test

Aves One AG

Target price

 

Recommendation

 

Buy

18 August 2019

test 3

Aurubis AG

Target price

 

Recommendation

 

Buy

18 August 2019

Test4

Aurubis AG

Target price

 

Recommendation

 

Buy

19 May 2019

Uninspiring Q1 figures, shaky end-markets and lock-up ending ahead

STS Group AG

Target price

 

Recommendation

 

Buy

14 May 2019

Net debt higher than market cap. – Capital increase mandatory – Massive dilution ahead – SELL now

Leoni AG

Target price

 

Recommendation

 

Buy

05 May 2019

Hands off – we do not believe in H2 sales of at least EUR 496m

Stabilus SA

Target price

 

Recommendation

 

Buy

16 April 2019

The pressure is fading

Grammer AG

Target price

 

Recommendation

 

Buy

14 April 2019

Outperformance ahead – BUY now

HELLA GmbH & Co KGaA

Target price

 

Recommendation

 

Buy

10 April 2019

Racehorse: HRPK, NDA

7C Solarparken AG, Aurubis AG

Target price

 

Recommendation

 

Buy

08 April 2019

Relief rally might be over – Problems not off the table

Leoni AG

Target price

 

Recommendation

 

Buy

27 March 2019

High FCF, but low Dividend pay-out

JOST Werke AG

Target price

 

Recommendation

 

Buy

27 March 2019

Geis(inator) to spur profitability

SAF-Holland SA

Target price

 

Recommendation

 

Buy

20 March 2019

2019 outlook okay, but not a catalyst

Norma Group SE

Target price

 

Recommendation

 

Buy

18 March 2019

The manure should be out now

Leoni AG

Target price

 

Recommendation

 

Buy

19 February 2019

If more worse quarters than floating of up to 32m new shares –> dilution

Elringklinger AG

Target price

 

Recommendation

 

Buy

10 February 2019

Nepotism should come to an end – Due to ‘Value21’ blood will flow

Leoni AG

Target price

 

Recommendation

 

Buy

03 February 2019

Weak Q1 results and reduced outlook broadly priced into share price

Stabilus SA

Target price

 

Recommendation

 

Buy

13 January 2019

Maintaining contrarian to consensus - relief rally good opportunity to divest

HELLA GmbH & Co KGaA

Target price

 

Recommendation

 

Buy

08 January 2019

‘Motley group’ without any track record and low transparency

STS Group AG

Target price

 

Recommendation

 

Buy

10 December 2018

After impressive sell-off time to HOLD

Stabilus SA

Target price

 

Recommendation

 

Buy

21 November 2018

JOST is a cash cow vs SAF-HOLLAND

JOST Werke AG

Target price

 

Recommendation

 

Buy

15 November 2018

2019 consensus too high, further revisions necessary –> revaluation

Stabilus SA

Target price

 

Recommendation

 

Buy

07 November 2018

10 years of positive free cash flow generation might come to an end – First time since IPO negative FCF

SAF-Holland SA

Target price

 

Recommendation

 

Buy

06 November 2018

FY 18 profitability outlook at risk – Q4 seasonally the weakest in the year

Norma Group SE

Target price

 

Recommendation

 

Buy

21 October 2018

Focus on 2019: No catalysts so far

Leoni AG

Target price

 

Recommendation

 

Buy

15 October 2018

European car market starts to weaken – as a result reduced FY 2018 outlook

Grammer AG

Target price

 

Recommendation

 

Buy

04 October 2018

Downgrade to SELL – headwinds imply difficult start into Q1 18/19

Stabilus SA

Target price

 

Recommendation

 

Buy

26 September 2018

Toxic mix: WLTP, European car market cyclicality, US/China tensions

HELLA GmbH & Co KGaA

Target price

 

Recommendation

 

Buy

24 September 2018

The whole mgmt board is going to leave

Grammer AG

Target price

 

Recommendation

 

Buy

27 August 2018

Peak quarter and likely the turning point to the downside

JOST Werke AG

Target price

 

Recommendation

 

Buy

14 August 2018

Likely transition year 2019

Leoni AG

Target price

 

Recommendation

 

Buy

12 August 2018

Peak scenario for EBIT margin…

HELLA GmbH & Co KGaA

Target price

 

Recommendation

 

Buy

07 August 2018

The air has gone completely

Grammer AG

Target price

 

Recommendation

 

Buy

06 August 2018

Net debt higher than market cap

Elringklinger AG

Target price

 

Recommendation

 

Buy

05 August 2018

Strong organic growth, but some clouds regarding ‘capex’ cycle

Stabilus SA

Target price

 

Recommendation

 

Buy

26 July 2018

Commodity prices dragging down FY adj. EBITA margin firstly under 17%

Norma Group SE

Target price

 

Recommendation

 

Buy

18 July 2018

Market expectations too ambitious

HELLA GmbH & Co KGaA

Target price

 

Recommendation

 

Buy

16 July 2018

Second profit warning within one year

SAF-Holland SA

Target price

 

Recommendation

 

Buy

25 June 2018

‘Every year’ - profitability reduction

Elringklinger AG

Target price

 

Recommendation

 

Buy

10 June 2018

Limited upside potential

Norma Group SE

Target price

 

Recommendation

 

Buy

28 May 2018

The cuckoo lays its eggs in other birds' nests – in this case GRAMMER itself

Grammer AG

Target price

 

Recommendation

 

Buy

23 May 2018

Q1 figures not a game changer

JOST Werke AG

Target price

 

Recommendation

 

Buy

21 May 2018

Initiation: ‘Stabilus’ is everywhere

Stabilus SA

Target price

 

Recommendation

 

Buy

15 May 2018

More room to the upside

Leoni AG

Target price

 

Recommendation

 

Buy

08 May 2018

Weak set of financials for Q1 2018

SAF-Holland SA

Target price

 

Recommendation

 

Buy

06 May 2018

For FY 2018 stronger organic sales growth expected – TP upped to €70

Norma Group SE

Target price

 

Recommendation

 

Buy

25 April 2018

Initiation: Remember summer 2015; Mid-term expectations look exaggerated

HELLA GmbH & Co KGaA

Target price

 

Recommendation

 

Buy

15 April 2018

Weak profitability expected in Q1 18

SAF-Holland SA

Target price

 

Recommendation

 

Buy

12 April 2018

Initiation: Track record: Sales growth in 19 of 20 years with high margins

Norma Group SE

Target price

 

Recommendation

 

Buy

02 April 2018

Initiation: Mid-term expectations look exaggerated

JOST Werke AG

Target price

 

Recommendation

 

Buy

27 March 2018

Where is the 13% EBIT margin…?

Elringklinger AG

Target price

 

Recommendation

 

Buy

22 March 2018

Solid 2018 outlook broadly priced in

Grammer AG

Target price

 

Recommendation

 

Buy

15 March 2018

Final 2017 figures not a share price catalyst; Acquisition too expensive

SAF-Holland SA

Target price

 

Recommendation

 

Buy

06 March 2018

‘Best of two worlds’, but only adj. margin of 8-8.5%, headwinds ahead…

SAF-Holland SA

Target price

 

Recommendation

 

Buy

06 February 2018

Initiation: Wage increases and high R&D expense cycle around the corner

Elringklinger AG

Target price

 

Recommendation

 

Buy

28 January 2018

Initiation: Sword of Damocles slowly fading – chances and risks well balanced

Grammer AG

Target price

 

Recommendation

 

Buy

21 January 2018

The valuation play - catch-up potential to its peer group

Leoni AG

Target price

 

Recommendation

 

Buy