Montega reiterates buy on W&W, sets EUR 20 price target

Reuters2026/08/18 15:02

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Montega reiterated a Buy rating on W&W, keeping a 12-month target price of EUR 20.
H1 2026 IFRS net profit rose 15% to EUR 105 million; management reaffirmed full-year guidance of EUR 120 million–EUR 150 million.
Property and casualty remained the main earnings driver; segment result held at EUR 108 million as the combined ratio rose to 86.7%.
Housing segment stayed loss-making at EUR -12 million, despite a EUR 76 million hedging valuation gain; new business fell 10.9% to EUR 7.55 billion.
Montega flagged “Bestform 2030” as a key turnaround effort, targeting efficiency gains and improved profitability, particularly in building-society operations.

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. w&w - Wüstenrot & Württembergische AG published the original content used to generate this news brief via EQS News (Ref. ID: rc_26578) on August 18, 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.

Montega reiterates buy on W&W, sets EUR 20 price target

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