Montega reiterates Buy on Bertrandt, sets EUR 18 price target

Reuters2026/08/05 11:18

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

Montega reiterated a Buy rating on Bertrandt on Aug. 5, 2026, maintaining a 12-month target price of EUR 18.
Q3 total output fell 4.7% year-on-year to EUR 214.9 million, matching expectations as OEM project call-offs stayed weak.
EBIT improved to minus EUR 15.8 million from minus EUR 24.6 million, supported by the Fit-for-Future cost program.
Montega flagged annualized savings above EUR 120 million, citing headcount down about 9% to 11,537.
Report highlighted a strong order intake, growing defense business, forecast Q4 EBIT of EUR 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. Bertrandt AG published the original content used to generate this news brief via EQS News (Ref. ID: rc_26404) on August 05, 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.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

Montega reiterates Buy on Bertrandt, sets EUR 18 price target

You may also like

Crypto prices