Montega AG Recommends 'Buy' for Bertrandt AG, Sets Price Target at €24.00

Reuters
2025.08.05 09:15
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Montega AG has maintained a 'Buy' recommendation for Bertrandt AG with a target price of €24.00, expected within 12 months. Despite a weak Q3 performance for fiscal year 2024/25 due to low utilization affecting revenue and earnings, Montega anticipates recovery in 2026 driven by upcoming OEM model plans and resolution of trade tensions. Montega AG specializes in research on German mid-sized companies.