Analyst Recommendations

Here are current ratings from analysts to our company:

Institution	Analyst	Recommendation	Target price in EUR	Date
Bernstein/Societe Generale	Marios Pastou	Outperform	18.20	27-November 2025
Kepler Cheuvreux	Thomas Neuhold	Buy	21.60	11-November 2025
Oddo BHF	Manuel Martin	Outperform	16.50	11-November 2025
Barclays	Celine Soo-Huynh	Equalweight	15.20	11-November 2025
Jefferies	Dossmann / Clouard	Buy	18.00	11-November 2025
M.M.Warburg & Co	Simon Stippig	Buy	18.50	11-November 2025
Deutsche Bank	Thomas Rothäusler	Buy	19.00	11-November 2025
Kempen & Co.	John Vuong	Buy	18.50	11-November 2025
Citigroup	Aaron Guy	Buy	22.30	11-November 2025
Exane BNP Paribas	Rob Jones	Outperform	17.00	11-November 2025
Berenberg	Kai Klose	Buy	20.00	11-November 2025
Baader Bank	André Remke	Add	18.00	29-August 2025

Median			18.50

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