Montega AG Issues Buy Recommendation for Bertrandt AG with a Price Target of 24.00 EUR
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Montega AG has issued a "Buy" recommendation for Bertrandt AG, setting a target price of 24.00 EUR, anticipating a return to positive EBIT in fiscal year 2025/26. This forecast aligns with insights from Bertrandt’s CFO during a recent Munich roadshow, focusing on OEMs’ model strategies and industry responses to potential legislative changes regarding combustion engine vehicles. Montega AG specializes in analyzing small and mid-cap German companies, leveraging deep market knowledge and strong management connections.
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