Quirin Privatbank raises GFT Technologies price target to EUR 35, keeps Buy rating

Reuters2026/08/12 15:15

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Quirin Privatbank reiterated a Buy rating on GFT Technologies, raising its target price to EUR 35 from EUR 34.
Call followed H1 results; revenue rose 5% year-on-year, beating the firm’s estimate by 2.3%.
Brazil, Colombia momentum supported growth; weaker trends in Germany, the UK, Canada weighed.
EBT margin improved to 5.2% from 4.3%, helped by higher utilization, lower office costs, fewer capacity adjustments.
2026 guidance was confirmed; AI modernization, core-banking projects cited as key demand drivers.

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. GFT Technologies SE published the original content used to generate this news brief via EQS News (Ref. ID: rc_26486) on August 12, 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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Quirin Privatbank raises GFT Technologies price target to EUR 35, keeps Buy rating

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