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Disclosure according to sec. 85 German Securities Trading Act and Art. 20 MAR for company Data Modul AG:

  • Companies affiliated with Warburg Research manage financial instruments, which are, or the issuers of which are, subject of the research recommendation, in a market based on the provision of buy or sell contracts.
  • The company compiling the analysis or an affiliated company had reached an agreement on the compilation of the research recommendation with the analysed company.
  • Markings in the chart show rating changes by Warburg Research GmbH in the last 12 months. Every marking details the date and closing price on the day of the rating change.
    Recommendation/Target Price History

    Date Recommendation Target Price Close Price Analyst
    26.03.2024 Buy 70.00 EUR 37.60 EUR Felix Ellmann
    06.11.2023 Buy 93.00 EUR 48.00 EUR Felix Ellmann
    31.03.2023 Buy 98.00 EUR 60.00 EUR Felix Ellmann


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