Quirin Privatbank keeps Buy on Hornbach, sets EUR 110 price target

Quirin Privatbank reiterated a Buy rating on HORNBACH Holding, keeping its target price at EUR 110. The analyst cited several new store openings planned for spring 2027 across Germany and Europe, including six former Hellweg sites, as a catalyst for higher revenue potential, market-share gains, and progress toward nearly 200 DIY megastores.