First Berlin reiterates Buy on Deutsche Rohstoff, lifts price target to EUR 115
Reuters2026/08/10 13:04Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- First Berlin reiterated a Buy on Deutsche Rohstoff, lifting its 12-month target price to EUR 115 from EUR 105.
- The update follows stronger-than-expected output from new wells, prompting an expansion of the 2026 drilling plan to 32 gross wells from 26.
- 2026 capex guidance rose to EUR 310 million-EUR 330 million from EUR 220 million-EUR 230 million.
- 2026 production guidance increased to 18,500-20,000 boepd from 17,000-18,000 boepd; revenue guidance lifted to EUR 300 million-EUR 320 million.
- First Berlin raised 2026 EBITDA guidance to EUR 380 million-EUR 400 million; H1 results due Aug. 19 include a EUR 15 million Colorado impairment.
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 Rohstoff AG published the original content used to generate this news brief via EQS News (Ref. ID: rc_26458) on August 10, 2026, and is solely responsible for the information contained therein.
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