On May 2, 2025, Deutsche Bank Research upheld its assessment of RENK Group AG and raised its price target from €45 to €55, maintaining the “Buy” recommendation. Analyst Christophe Menard justified this with an expected strong order intake, particularly in the Vehicle Mobility Solutions division, which is considered a key driver for the defense company.
Valuation Details and Current Market Conditions
The current market capitalization of RENK Group AG is approximately €5.29 billion. The company has a P/E ratio of 34.38 and a dividend yield of 2.29%. The analyzed stock price was approximately €54.32–54.44 at the time of the assessment, which is just below the new target of €55, indicating a gap of about 1–1.25%.
The average price target of other analysts is only about €44.58, highlighting Deutsche Bank’s more optimistic assessment.
Comparison with Previous Assessments
| Parameter | Deutsche Bank (new) | Berenberg (15.04.2025) |
|---|---|---|
| Price Target | €55 | ↑€54.50 |
| Rating | Buy | Buy |
| Justification | Order Dynamics | Market Positioning |
The upgrade comes shortly after a similar revision by Berenberg in April, which also significantly raised its target.
Implications for Investors
At a current price of around €54, there is an upward potential of approximately +1–2% towards Deutsche Bank’s new target, although this is already close to its upper limit. Expectations are based on sustained high demand in the defense industry and specifically for mobility solutions for military vehicles. A P/E ratio of above average >34 indicates high growth expectations; failing to meet these could result in corrections.
For long-term oriented investors, RENK remains a valuable strategic positioning in a crisis-resistant sector according to Deutsche Bank – despite the already elevated price level.