Montega Cuts Polytec Price Target to EUR 8 From EUR 10
Bitget2026/10/30 14:07- Montega reiterated Buy on Polytec on Oct. 30, 2026, cutting its 12-month target to EUR 8 from EUR 10.
- The research firm lowered its 2026 EBIT estimate to EUR 9.5 million from EUR 22 million.
- Its revenue forecast fell to EUR 560 million from EUR 587 million, reflecting the profit warning.
- Fourth-quarter order reductions, particularly from a major pooling customer, are the main earnings drag; relocation-related startup problems add pressure.
- Montega expects normalization during the first half of 2027 as relocation costs expire, with long-term contracts supporting the pooling business.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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