Montega AG Rates Fabasoft AG a Buy With €26 Price Target
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Montega AG has rated Fabasoft AG as a "Buy" with a 12-month price target of €26. The research report highlights Fabasoft's solid performance, with a slight revenue increase to €22.4 million, up 1.6% year-over-year. Despite a recent share price dip, Montega sees the current valuation as an attractive entry point and expects achievable earnings forecasts. The report also mentions Fabasoft's ongoing share buyback program, set to conclude between late 2025 and early 2026.
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