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Disclosure according to sec. 85 German Securities Trading Act and Art. 20 MAR for company init innovation in traffic systems SE:

  • 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
    21.03.2023 Buy 42.00 EUR 28.30 EUR Robert-Jan van der Horst
    11.11.2022 Buy 41.50 EUR 22.20 EUR Robert-Jan van der Horst
    03.08.2022 Buy 40.00 EUR 22.50 EUR Robert-Jan van der Horst
    09.05.2022 Buy 46.00 EUR 29.25 EUR Robert-Jan van der Horst


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