Rating Agencies
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Valuable background information and well-founded assessments of individual stocks are provided by the studies of the research houses. On this page, Boersengefluester.de (BGFL) provides an integrated overview of all analyst recommendations that come in via the EQS Group newsfeed - enriched with current stock charts as well as meaningful key figure tables and investor information from BGFL. Tip: You are also welcome to use the EQS newsfeed, which we have also enhanced with all the latest company news from our coverage universe.
29.02.2024 09:01AM
Study issued by NuWays AG
R. STAHL AG (von NuWays AG): BUY
BUY
Several structural trends could drive mid-term growth
Topic: Despite a strong competitive quality, R. Stahl had difficulties
translating it into operating performance between 2016 and 2021. Thanks to
R. Stahl having done its homework by implementing changes on the back of
efficiency and structural trends kicking in, shares look poised for a
re- [ … ]
28.02.2024 10:36AM
Study issued by NuWays AG
KORREKTUR: Rubean AG (von NuWays AG):
KORREKTUR: Major cooperation with Global Payments in Germany; chg.
Topic: Yesterday, Rubean announced to have won the Global Payments tender
for Germany, which we assume to be basically the tender for the recently
announced joint venture between Commerzbank and Global Payments (“Commerz
Globalpay”). In detail:
Earlier this year, C [ … ]
28.02.2024 09:02AM
Study issued by NuWays AG
CLIQ Digital AG (von NuWays AG): Buy
Buy
Solid FY figures & sizable share buyback; est. & PT chg.
Topic: CLIQ reported final FY23 figures on Thursday (update on prelims from
Feb. 5th) and announced a € 13m share repurchase program. Here are our key
takeaways:
Strong bundled content share boosts higher-LTV customer base. At 94% of
FY23 total revenues (88% in FY22), bundl [ … ]
28.02.2024 09:01AM
Study issued by NuWays AG
Rubean AG (von NuWays AG): Buy
Buy
Major cooperation with Commerz Globalpay; chg.
Topic: Yesterday, Rubean announced to have won the Global Payment tender
for Germany, which is basically the tender for the recently announced joint
venture between Commerzbank and Global Payments (“Commerz Globalpay”). In
detail:
Earlier this year, Commerzbank announced to have enter [ … ]
23.02.2024 09:01AM
Study issued by NuWays AG
SMARTBROKER Holding AG (von NuWays AG): BUY
BUY
Mixed FY23 prelims // transition year ahead; chg
Topic: Yesterday, Smartbroker Holding reported FY23 prelims that came in as
a mixed bag as well as a conservative outlook into FY24 that is underlined
by soft monthly trading stats. In detail:
FY23 sales of € 46.3m (-12% yoy) are 8% below our estimates of € 50.4m,
driven by both, weak [ … ]
20.02.2024 09:02AM
Study issued by NuWays AG
NFON AG (von NuWays AG): BUY
BUY
Recent weakness should be a clear BUYing opp.
In our view, the recent share price weakness (-23% YTD) is highly
unjustified and should rather offer an attractive entry point as we advise
investors to BUY the dip. Here is why:
Operational turnaround in full swing. As outlined in our recently published
long-note (click here), things took a turn [ … ]
16.02.2024 09:01AM
Study issued by NuWays AG
R. STAHL AG (von NuWays AG): BUY
BUY
Q4 prelims: Operating turnaround intact; chg. est.
Topic: R. Stahl released solid FY23 preliminary figures, exceeding the
company’s guidance on the topline. However, Q4 profitability and order
intake were slightly weaker than expected due to a soft chemical industry
in the DACH-region.
Preliminary Q4 sales came in at € 89.9m (eNuW: [ … ]
09.02.2024 09:56AM
Study issued by NuWays AG
UBM Development AG (von NuWays AG): BUY
BUY
Off to a good start / Muted Q4’23 expected; chg
Yesterday, UBM announced to have received the building permit for the
Timber Peak project in Mainz. Once completed, the 12-storey-building will
exceed a height of 40 metres and will have c. 9,500 sqm gross floor area.
The building will be equipped with heat pumps, heating and cooling panels, [ … ]
09.02.2024 09:51AM
Study issued by NuWays AG
SMARTBROKER Holding AG (von NuWays AG): BUY
BUY
Another difficult year ahead; chg
For the first time, Smartbroker Holding (SBH) reported monthly trading
stats which can be seen as starting point of the future of the Smartbroker.
Further, the longstanding Group CFO Roland Nicklaus will leave the company
in April. In detail:
The number of customers declined to 175k (-3% mom, excluding 79k de [ … ]
09.02.2024 09:46AM
Study issued by NuWays AG
Netfonds AG (von NuWays AG): BUY
BUY
Favorable trends to materialize in 2024
Netfonds should strongly benefit from several favorable macroeconomic and
structural trends in 2024:
Strong dollar and equity capital markets close to all-time highs. With c. €
23.2bn AuC in FY23e (eNuW), Netfonds topline is obviously correlated to the
overall capital markets development. The recen [ … ]
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We have summarised companies with a market capitalisation of more than EUR 1 billion that are not included in any index under X-Caps.
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