ABO Wind AG

Regulatory Filings • Feb 21, 2020

News Details

Corporate | 21 February 2020 15:38

ABO Wind AG: Analysts raise price target for share

DGAP-News: ABO Wind AG / Key word(s): Research Update

21.02.2020 / 15:38

The issuer is solely responsible for the content of this announcement.

Dr. Karsten von Blumenthal (First Berlin) and Guido Hoymann (Metzler) see a lot of potential even after the most recent rise

(Wiesbaden, 21 February 2020) Both analysts who study the ABO Wind share raised their price target for the share significantly and confirmed their buy recommendation in February.

Dr. Karsten von Blumenthal (First Berlin) raised his price target for the ABO Wind share on February 3 from EUR 22.50 to EUR 27. He justified the improved outlook with the successful internationalisation strategy, the realised capital increase and the intended admission to Xetra trading, among other things.

Today Guido Hoymann (Metzler Capital Markets) published his new price target of EUR 29. He explained the increase from the previous EUR 23.70 mainly by the company’s successes in Germany reported the previous day. The fact that ABO Wind won the first tariff tender for wind energy of the year with 41.1 megawatts and obtained approval for a further nine megawatts is remarkable and demonstrates the strength of the company in its home market as well.

The analysts’ current and previous studies are available on the company’s website : https://www.abo-wind.com/en/share/analyst-ratings.html

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21.02.2020 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG.

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