Sphene Capital lifts Surteco price target to EUR 20.8###

Reuters2026/08/03 06:33

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Sphene Capital reiterated a Buy on Surteco on Aug. 3, 2026.
Raised its 24-month price target to EUR 20.8 from EUR 20.2.
Refinancing of key credit lines to end-2029 seen reducing near-term funding risk, despite tighter covenants and payout limits.
H1 results prompted the target hike as cost and efficiency measures lifted EBITDA despite weaker revenue and EUR 5.9 million special items.

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. Surteco Group SE published the original content used to generate this news brief via EQS News (Ref. ID: rc_26362) on August 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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Sphene Capital lifts Surteco price target to EUR 20.8###

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