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

  • Warburg Research GmbH, Münchmeyer Petersen Capital Markets GmbH (MPCM), M.M.Warburg & CO (AG & Co.) KGaA or an affiliated company according to Section 271 (2) of the German Commercial Code (HGB) 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.
  • Warburg Research GmbH, Münchmeyer Petersen Capital Markets GmbH (MPCM), M.M.Warburg & CO (AG & Co.) KGaA or an affiliated company according to Section 271 (2) of the German Commercial Code (HGB) 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
    30.09.2025 Buy 75.00 EUR 49.10 EUR Jörg Philipp Frey, Marius Fuhrberg
    08.05.2025 Buy 73.00 EUR 47.30 EUR Marius Fuhrberg
    27.03.2025 Buy 69.00 EUR 43.00 EUR Marius Fuhrberg
    19.12.2024 Buy 65.00 EUR 46.00 EUR Marius Fuhrberg


    Back to main disclaimer