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News 2026-09-21 16:23 UTC

Montega reiterates Buy on Wuestenrot & W, sets EUR 20 target

Montega reiterated its buy rating on Wuestenrot & Wuerttembergische, with a 12-month target price of EUR 20. The company is planning to move from Prime Standard to Frankfurt's Scale segment on Oct. 6, 2026. The accounting switch from IFRS to HGB is expected to reduce fair-value-driven earnings volatility and improve vi