Montega Reiterates Buy on AMAG With EUR 35 Price Target

Bitget2026/11/03 10:43

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Montega reiterated its Buy rating on AMAG on Nov. 3, 2026, maintaining a 12-month price target of EUR 35.
The firm raised its 2026 EBITDA forecast toward the upper end of EUR 200 million–220 million guidance, above EUR 210 million consensus.
Third-quarter EBITDA surged 139.5% to EUR 80.3 million, the second-highest quarterly result in company history.
Revenue rose 34.7% to EUR 472.7 million, supported by higher aluminum prices and stronger sales volumes.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. AMAG - Austria Metall AG published the original content used to generate this news brief via EQS News (Ref. ID: rc_27292) on November 03, 2026, and is solely responsible for the information contained therein.

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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Montega Reiterates Buy on AMAG With EUR 35 Price Target

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