Predictions
Bayer AG ADR
Start price
Target price
Perf. (%)
€6.90
03.09.24
03.09.24
€7.00
03.09.25
03.09.25
-0.72%
18.09.24
18.09.24
High valuation
Low dividend yield expected
Revenue decline/stagnation expected
EBIT decline/stagnation expected
Symrise AG
Start price
Target price
Perf. (%)
€118.50
29.08.24
29.08.24
€120.00
29.08.25
29.08.25
3.04%
17.09.24
17.09.24
Could be worthwhile Investment >10% per year
Revenue growth >5% per year expected
EBIT growth >5% per year expected
Fair valuation
Allianz SE VNA
Start price
Target price
Perf. (%)
€280.90
03.09.24
03.09.24
€285.00
03.09.25
03.09.25
1.85%
16.09.24
16.09.24
Could be very worthwhile Investment >20% year
Revenue growth >5% per year expected
EBIT growth >5% per year expected
Higher EBIT margin than peer group
Commerzbank AG
Start price
Target price
Perf. (%)
€13.19
27.08.24
27.08.24
€14.00
27.08.25
27.08.25
9.78%
11.09.24
11.09.24
Standard Investments for future growth
Normal challenges to pay loans and raise capital
Capable Management
Differentiated customer and product portfolio
Vonovia SE
Start price
Target price
Perf. (%)
€31.54
27.08.24
27.08.24
€33.00
27.08.25
27.08.25
5.61%
10.09.24
10.09.24
Could be worthwhile Investment >10% per year
Higher EBIT margin than peer group
Fair valuation
High dividend yield expected
Allianz SE VNA
Start price
Target price
Perf. (%)
€274.60
25.08.24
25.08.24
€279.00
25.08.25
25.08.25
2.29%
03.09.24
03.09.24
Could be very worthwhile Investment >20% year
Revenue growth >5% per year expected
EBIT growth >5% per year expected
Higher EBIT margin than peer group
Patrizia Immobilien AG
Start price
Target price
Perf. (%)
€7.76
29.08.24
29.08.24
€8.00
29.08.25
29.08.25
4.64%
31.08.24
31.08.24
Revenue growth >5% per year expected
EBIT growth >5% per year expected
High dividend yield expected
positive Cash Flow expected
Münchener Rückversicherungs-Gesellschaft AG
Start price
Target price
Perf. (%)
€467.40
27.06.24
27.06.24
€477.00
27.06.25
27.06.25
5.01%
28.08.24
28.08.24
Could be worthwhile Investment >10% per year
Revenue growth >5% per year expected
Higher EBIT margin than peer group
High dividend yield expected
Commerzbank AG
Start price
Target price
Perf. (%)
€12.83
05.08.24
05.08.24
€13.00
05.08.25
05.08.25
2.81%
27.08.24
27.08.24
Standard Investments for future growth
Normal challenges to pay loans and raise capital
Capable Management
Differentiated customer and product portfolio
Deutsche Telekom AG
Start price
Target price
Perf. (%)
€24.30
27.07.24
27.07.24
€25.00
27.07.25
27.07.25
3.58%
25.08.24
25.08.24
Management is a major shareholder
Could be worthwhile Investment >10% per year
Higher EBIT margin than peer group
High dividend yield expected
Henkel AG & Co. KGaA VZO
Start price
Target price
Perf. (%)
€73.06
03.07.23
03.07.23
€77.00
25.07.26
25.07.26
9.53%
22.08.24
22.08.24
Covestro AG
Start price
Target price
Perf. (%)
€46.46
11.08.23
11.08.23
€53.00
11.08.24
11.08.24
15.93%
12.08.24
12.08.24
Could be worthwhile Investment >10% per year
Wild Bunch AG
Start price
Target price
Perf. (%)
€13.60
05.08.23
05.08.23
€9.00
05.08.24
05.08.24
98.53%
06.08.24
06.08.24
Could be worthwhile Investment >10% per year
Below average Management
Bad culture
No Innovation
MTU Aero Engines AG
Start price
Target price
Perf. (%)
€255.70
05.07.24
05.07.24
€258.00
05.07.25
05.07.25
1.99%
01.08.24
01.08.24
Could be worthwhile Investment >10% per year
Revenue growth >5% per year expected
Fair valuation
EBIT growth >5% per year expected
Deutsche Telekom AG
Start price
Target price
Perf. (%)
€23.37
27.06.24
27.06.24
€24.00
27.06.25
27.06.25
3.98%
27.07.24
27.07.24
Could be worthwhile Investment >10% per year
Higher EBIT margin than peer group
High dividend yield expected
positive Cash Flow expected