--- title: "NuWays keeps Deutsche Beteiligungs at Buy, sets EUR 36 price target" type: "News" locale: "en" url: "https://longbridge.com/en/news/293174045.md" description: "NuWays maintains a Buy rating on Deutsche Beteiligungs, lowering its 12-month price target to EUR 36. The firm cut FY26 NAV per share guidance to EUR 32-36 due to lower peer valuation multiples and expects H1 measurement/disposal losses of around EUR -50 million. Conversely, FY26 Fund Investment Services EBITA outlook was raised to EUR 9-11 million, supported by fewer divestments. NuWays also noted a completed EUR 20 million share buyback and a base dividend of EUR 1 per share." datetime: "2026-07-20T07:01:43.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/293174045.md) - [en](https://longbridge.com/en/news/293174045.md) - [zh-HK](https://longbridge.com/zh-HK/news/293174045.md) generator: "portal-rs" --- # NuWays keeps Deutsche Beteiligungs at Buy, sets EUR 36 price target - NuWays reiterated a BUY on Deutsche Beteiligungs, cutting its target price to EUR 36 on a 12-month view. \* FY26 NAV per share guidance cut to EUR 32-36 from EUR 36-40, driven by lower peer valuation multiples; H1 measurement and disposal seen at about EUR -50 million. \* FY26 Fund Investment Services EBITA outlook raised to EUR 9-11 million from EUR 5-9 million on fewer divestments, supporting fee income visibility. \* NuWays flagged a recently completed EUR 20 million buyback of 799,000 shares; base dividend set at EUR 1 per share. 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. Deutsche Beteiligungs AG published the original content used to generate this news brief via EQS News (Ref. ID: rc\_26206) on July 20, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) ### Related Stocks - [DBAN.DE](https://longbridge.com/en/quote/DBAN.DE.md) ## Related News & Research - [Deutsche Beteiligungs cuts FY 2026 NAV per share outlook to EUR 32-36 from EUR 36-40](https://longbridge.com/en/news/295079744.md) - [NuWays reiterates Deutsche Beteiligungs BUY, sets EUR 36 target price](https://longbridge.com/en/news/295191876.md) - [What does Europe’s AI lag mean for the region?](https://longbridge.com/en/news/296510589.md) - [ICG early proxy votes signal shareholder opposition to €8 cash offer ahead of Aug. 28 meeting](https://longbridge.com/en/news/296441164.md) - [Renta 4 Banco insider-linked vehicle buys shares worth EUR 1,765.4](https://longbridge.com/en/news/296079868.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**