Summary
This prediction ended on 03.03.23 with a price of €28.04. With a performance of -8.01%, the BUY prediction for Varta AG by OldOrangeEyes closed slightly in the red. OldOrangeEyes has 50% 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 | 5.556% | 5.556% | -60.163% |
| iShares Core DAX® | -0.992% | -3.231% | 11.661% |
| iShares Nasdaq 100 | -0.225% | -3.339% | 36.491% |
| iShares Nikkei 225® | -0.736% | -7.859% | 18.597% |
| iShares S&P 500 | -0.509% | -2.979% | 26.341% |
According to OldOrangeEyes what are the pros and cons of Varta AG for the foreseeable future?
Pros
Top 10 in its market
Known brand
Future proof or reliable business model
Could be worthwhile Investment >10% per year