Montega Cuts Bastei Lübbe Price Target to EUR 11 From EUR 12

Bitget2026/11/06 13:24

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Montega cut Bastei Lübbe’s 12-month price target to EUR 11 from EUR 12 on Nov. 6, 2026, retaining its Buy rating.
Second-quarter EBIT fell 46.5% to EUR 2.5 million in fiscal 2026/27, missing the research firm’s expectations.
Full-year revenue guidance was lowered to EUR 114 million–EUR 118 million from EUR 118 million–EUR 122 million.
The EBIT outlook dropped to EUR 9 million–EUR 11 million from EUR 10 million–EUR 12 million.
Montega still viewed the valuation as attractive, citing enterprise value-to-EBIT of 7.9 times versus 13.1 times for peers.

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. Bastei Lübbe AG published the original content used to generate this news brief via EQS News (Ref. ID: rc_27376) on November 06, 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 Cuts Bastei Lübbe Price Target to EUR 11 From EUR 12

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