Montega Cuts Bertrandt Price Target to EUR 17 From EUR 18

Bitget2026/10/29 16:51

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Montega cut Bertrandt's 12-month price target to EUR 17 from EUR 18 on Oct. 29, 2026, retaining its Buy rating.
Fourth-quarter EBIT is forecast at a EUR 1.2 million loss, versus a previously projected EUR 8 million profit.
For fiscal 2025/26, Montega expects revenue of EUR 891 million, down 8.8%, with an EBIT loss of EUR 30.2 million.
Weak automotive demand continues to delay recovery despite cost cuts; growing aerospace and defense operations support Montega's medium-term outlook.

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. Bertrandt AG published the original content used to generate this news brief via EQS News (Ref. ID: rc_27234) on October 29, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Montega Cuts Bertrandt Price Target to EUR 17 From EUR 18

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