HAMBURG (dpa-AFX) - The analyst firm Warburg Research has raised its target price for Grenke from 38.50 to 40 euros and left its rating at "Buy". The leasing specialist recently presented solid figures, wrote analyst Marius Fuhrberg in a study published on Tuesday. However, the best years are yet to come. A portfolio effect and an improved cost/income ratio should enable a significant jump in profitability from 2025. In view of these prospects, the share appears too cheap./tav/tih

Publication of the original study: 12.03.2024 / 08:15 / CET

First dissemination of the original study: Date not specified in study / Time not specified in study / CET