First Berlin Equity Research Raises Deutsche Rohstoff Price Target to EUR 135 From EUR 125
Bitget2026/11/02 14:58- First Berlin Equity Research raised Deutsche Rohstoff's price target to EUR 135 from EUR 125 on Nov. 2, 2026.
- Analyst Simon Scholes reiterated his Buy rating, with the 12-month target implying 50% upside.
- A renewed oil price surge drove the producer's 2026 revenue guidance to EUR 340 million–EUR 360 million, up 12.9%.
- EBITDA guidance increased 10.2% to EUR 420 million–EUR 440 million from EUR 380 million–EUR 400 million.
- The revised outlook assumes average full-year WTI crude prices of USD 88 per barrel, versus USD 75 previously.
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