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News 2026-10-13 14:02 UTC

Montega sets MS Industrie price target at EUR 2.40, reiterates buy rating

Montega reiterated a Buy rating on MS Industrie, raising its 12-month price target to EUR 2.40 from EUR 2.20. Report highlights a 51% acquisition of Serbia-based precision manufacturer IDAS, adding a third production site alongside Trossingen and Charlotte. IDAS generated EUR 8.5 million revenue in 2025; Montega estima