Quirin Privatbank lifts Serviceware target price to EUR 34, reiterates Buy

Reuters2026/07/27 15:22

By:Reuters

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Quirin Privatbank raised its target price on Serviceware to EUR 34 from EUR 33, reiterating a Buy rating.
The call followed H1 results showing 13% year-on-year revenue growth, which Quirin said beat its forecast by 2.6%.
EBIT margin improved to 0.3% from 0%, with gains constrained by one-off restructuring costs and upfront SaaS sales expenses.
Quirin kept its view that management guidance for 5%-15% revenue growth remains achievable, citing SaaS momentum and a higher order backlog.

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. Serviceware SE published the original content used to generate this news brief via EQS News (Ref. ID: rc_26304) on July 27, 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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Quirin Privatbank lifts Serviceware target price to EUR 34, reiterates Buy

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