Target Price Increase by Warburg Research
The analysis firm Warburg Research has recently raised the target price for Hornbach Holding from 102 to 117 euros, while maintaining the rating of ‘Buy’. This decision is based on the company’s solid forecast for the fiscal year 2025/26, supported by a promising business trend.
Background of the Decision
The target price increase by Warburg Research followed the submission of the final annual figures for the fiscal year 2024/25. The DIY retail group Hornbach Holding has shown positive business development, prompting analysts to raise the target price and maintain the buy recommendation.
Current Market Situation
Despite the positive forecasts and the target price increase by Warburg Research, the shares of Hornbach Holding have fallen sharply. This may be due to various factors, such as general market trends or specific company developments that are not directly related to the analysis by Warburg Research.
Outlook
The decision by Warburg Research to raise the target price and maintain the ‘Buy’ rating indicates positive confidence in the future development of Hornbach Holding. The solid forecast for the fiscal year 2025/26 could provide investors with a positive signal for investments in the company.
Summary
- Target Price Increase: Warburg Research has raised the target price for Hornbach Holding from 102 to 117 euros.
- Rating: The rating as ‘Buy’ has been maintained.
- Reasoning: Solid forecast for the fiscal year 2025/26 and promising business trend.
- Current Market Situation: Despite positive forecasts, the shares have fallen sharply.