FRANKFURT (dpa-AFX) - Knaus Tabbert climbed to its highest level since mid-January on Wednesday following preliminary annual figures. The shares of the camping vehicle manufacturer recently gained 6.7 percent to 43 euros.

Analyst Martha Ford from Jefferies praised the development in the final quarter, in which the company exceeded the previous year's already high sales figure as well as market estimates. According to Ford, the strong growth was primarily due to chassis availability as a result of the multi-brand strategy.

The expert continues to recommend buying. With a target price of 75 euros, she still has high hopes for the shares. The target is also slightly above the record high of 73.70 euros that the shares reached in April 2021 in the midst of the coronavirus pandemic. Camping was booming back then. Due to the lockdowns, travel was hardly possible and hotels and restaurants were closed./ajx/jha/