---
title: "Montega raises CEWE price target to EUR 147, keeps buy rating"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/292918184.md"
description: "Montega raised its price target for CEWE to EUR 147 from EUR 140, maintaining a Buy rating. The upgrade follows CEWE's agreement to acquire Kodak Alaris' KODAK MOMENTS Retail Photo Solutions for approximately EUR 88 million. This deal is expected to add EUR 200 million in revenue and expand CEWE's presence in North America and Australia, with closing anticipated in H1 2027."
datetime: "2026-07-16T14:02:39.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/292918184.md)
  - [en](https://longbridge.com/en/news/292918184.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/292918184.md)
generator: "portal-rs"
---

# Montega raises CEWE price target to EUR 147, keeps buy rating

-   Montega reiterated a Buy on CEWE, lifting its 12-month target price to EUR 147 from EUR 140. \* Report flagged CEWE’s agreed carve-out purchase of Kodak Alaris’ KODAK MOMENTS Retail Photo Solutions for about EUR 88 million enterprise value. \* Example closing price implied about EUR 72 million cash outflow based on March 31, 2026 net debt, working capital adjustments; closing expected in H1 2027. \* Montega expects a mid-single-digit EBIT margin from 2027, modeling 5% or about EUR 10 million EBIT; EV/EBIT seen at 8.8x. \* Deal adds about EUR 200 million revenue, expands reach into the US, Canada, Mexico, Australia; adds about 37,000 photo kiosks. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CEWE Stiftung & Co. KGaA published the original content used to generate this news brief via EQS News (Ref. ID: rc\_26198) on July 16, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**