Montega Maintains Buy on FACC With EUR 22 Price Target
Bitget2026/11/05 14:32Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Montega reiterated its Buy rating on FACC on Nov. 5, 2026, with a 12-month price target of EUR 22.
- The research firm cut its 2026 EBIT forecast to EUR 64 million from EUR 67.9 million.
- Lower expected contributions from high-margin development work reduced its projected EBIT margin to 5.8% from 6.1%.
- Its revenue forecast remained unchanged at EUR 1.1 billion, representing 12.2% annual growth.
- For the third quarter, Montega projected revenue of about EUR 270 million and EBIT of roughly EUR 13.8 million.
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. FACC AG published the original content used to generate this news brief via EQS News (Ref. ID: rc_27346) on November 05, 2026, and is solely responsible for the information contained therein.
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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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