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

  • 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
    14.11.2022 Buy 15.50 EUR 12.00 EUR Felix Ellmann
    16.08.2022 Buy 16.40 EUR 14.60 EUR Felix Ellmann
    31.03.2022 Buy 20.00 EUR 15.10 EUR Felix Ellmann

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