Summary
This prediction ended on 03.08.21 with a price of €150.00. The BUY prediction by Ellritze finished with a performance of 11.77%. Ellritze has 70% into this predictionVarta AG is a German company that specializes in the production of batteries and energy storage systems. Founded in 1887, the company has a long history of innovation and product development in the field of energy storage solutions. Varta produces a wide range of batteries for both consumer and industrial applications, including hearing aid batteries, power tool batteries, and batteries for electric vehicles. In addition, the company develops and produces stationary energy storage systems based on lithium-ion technology for use in homes and businesses. Varta is listed on the Frankfurt Stock Exchange and has a market capitalization of approximately €4 billion as of 2021.
Performance without dividends (%)
| Name | 1w | 1m | 1y |
|---|---|---|---|
| Varta AG | 17.443% | 17.443% | -64.306% |
| iShares Core DAX® | 1.804% | -0.748% | 13.168% |
| iShares Nasdaq 100 | -0.182% | -3.412% | 39.976% |
| iShares Nikkei 225® | 0.413% | -7.381% | 18.776% |
| iShares S&P 500 | 0.664% | -1.941% | 28.141% |
According to Ellritze what are the pros and cons of Varta AG for the foreseeable future?
Pros
Standard Investments for future growth
Known brand
Future proof or reliable business model
Could be worthwhile Investment >10% per year
Cons
Higher risks for its business
Significant cyclical dependencies
Comments by Ellritze for this prediction
In the thread Varta AG diskutieren
Buy mit Kursziel 150,0