Montega reiterates buy on IBU-tec, sets EUR 25 price target

Reuters2026/09/10 08:52

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Montega reiterated a Buy rating on IBU-tec Advanced Materials on Sept. 10, 2026, setting a 12-month target price of EUR 25.
Research cited on-schedule progress toward a 15,000-ton European LFP battery-material plant in Bitterfeld-Wolfen, backed by newly granted building permits.
Montega highlighted management’s battery-segment revenue goal of EUR 85–90 million by 2030, up from EUR 17.7 million in 2025.
Report flagged a PowerCo agreement securing full capacity access through 2038, while noting plans to broaden the customer base.
Analyst Patrick Speck said the shares’ 25.3% year-to-date drop leaves risk-reward attractive even under base-case assumptions.

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. IBU-tec advanced materials AG published the original content used to generate this news brief via EQS News (Ref. ID: rc_26792) on September 10, 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 reiterates buy on IBU-tec, sets EUR 25 price target

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