First Berlin Equity Research Maintains Buy Rating on Energiekontor AG, Lowers Price Target to €93

Reuters
2025.10.13 11:25
portai
I'm PortAI, I can summarize articles.

First Berlin Equity Research has maintained a Buy rating on Energiekontor AG but has lowered the price target from €105 to €93. This change follows the company's reduction of its 2025 EBT guidance from €70-90 million to €30-40 million due to project delays in the UK and Germany, pushing sales into 2026. Despite the profit warning, the firm remains optimistic about 2026 prospects, anticipating sales of several high-margin projects. The update was prepared by analyst Dr. Karsten von Blumenthal.