Montega reiterates buy on EDAG, cuts price target to EUR 5.5
Reuters2026/08/14 07:26Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
- Montega reiterated a buy rating on EDAG, cutting its 12-month price target to EUR 5.5 from EUR 7.5.
- Report flagged continued weakness in automotive, citing cautious OEM investment decisions plus low utilization.
- Preview for Q2: revenue seen at EUR 163 million, down 6.4% year over year; EBIT expected at EUR -2 million.
- One-off costs tied to a Q2 capital increase expected to weigh on earnings despite restructuring-driven operational improvement.
- June equity raise plus ATON mandatory convertible loan added EUR 75 million; share count seen rising to 43,750,000.
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. EDAG Engineering Group AG published the original content used to generate this news brief via EQS News (Ref. ID: rc_26540) on August 14, 2026, and is solely responsible for the information contained therein.
0
0
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.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!
You may also like
Cardano price prediction hints at strong downtrend, but dip buyers may be ready to strike!
AMBCrypto•2026/08/15 22:03

xStocks dominates tokenized stock deposits into DeFi with 58% share
Cryptobriefing•2026/08/15 21:33
Saylor calls money “economic energy” and bets Bitcoin leaks the least
Cryptopolitan•2026/08/15 20:39
Crypto prices
MoreBitcoin
BTC
$63,037.18
+0.14%
Ethereum
ETH
$1,881.21
+0.12%
Tether USDt
USDT
$0.9989
-0.01%
USDC
USDC
$0.9999
-0.01%
XRP
XRP
$1
+0.38%
Solana
SOL
$75.28
-0.02%
TRON
TRX
$0.3310
-0.46%
Hyperliquid
HYPE
$56.87
+0.84%
Dogecoin
DOGE
$0.06957
-0.65%
Zcash
ZEC
$486.62
-1.27%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now