Fidelity Wise Origin Bitcoin Fund amends trust agreement to allow in-kind share transactions
On Thursday, Deutsche Bank (ETR:DBKGn)’s analysts revised their outlook on Duerr (ETR:DUEG) AG (DUE:GR) (OTC: DURYY), lowering the price target from EUR27.00 to EUR24.00 but maintaining a Hold rating on the stock. The adjustment follows the publication of Duerr’s annual report, which provided financial figures for the continued business segments only. According to InvestingPro analysis, the stock appears slightly undervalued at current levels, with a P/E ratio of 14.7x and EV/EBITDA of 7.2x. The company has demonstrated strong dividend reliability, maintaining payments for 14 consecutive years.
The company’s annual report excluded the clean tech systems environmental segment, which Deutsche Bank now considers a disposal in its valuation model. This change prompted the analysts to revise their forecasts and target price for Duerr AG. The new target reflects the updated expectations for the company’s financial performance.
Duerr AG has provided guidance for its continued operations, with orders expected to fall between EUR4.3 billion and EUR4.7 billion. Revenue projections are similarly set, ranging from EUR4.2 billion to EUR4.6 billion. The company anticipates an adjusted EBIT margin of 4.5% to 5.5%. This margin reflects a 1 percentage point reduction due to the exclusion of the discontinued clean tech systems environmental segment from the company’s future operations. InvestingPro data reveals promising growth prospects, with revenue expected to grow 14% in FY2025. The company maintains a moderate debt level with a debt-to-equity ratio of 1.09x, suggesting financial stability.
The price target adjustment by Deutsche Bank is a direct response to the latest financial information released by Duerr AG. The bank’s analysts have recalibrated their expectations to align with the company’s strategic focus on its continuing business lines. The Hold rating suggests that the analysts see no immediate significant catalysts that would either significantly increase or decrease the stock’s value in the near term.
Investors and market watchers will be keeping an eye on Duerr AG’s performance in the coming months to see if the company meets its projected financial targets for continued operations, as well as how the disposal of the clean tech systems environmental segment will ultimately impact the company’s financial health and stock performance. InvestingPro subscribers can access 6 additional key insights about Duerr AG, including detailed financial health scores and comprehensive valuation metrics to make more informed investment decisions.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.