Montega reiterates buy on Smartbroker, sets EUR 17 price target

Reuters2026/09/11 14:20

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Montega reiterated its buy rating on Smartbroker Holding AG, setting a 12-month price target of EUR 17.
H1 2026 revenue rose 9.6% to EUR 35.4 million; EBITDA increased to EUR 2.2 million from EUR 0.1 million.
Brokerage activity accelerated, with 4,700,000 trades, up 60%; media EBITDA margin held at 26.4%.
Customer acquisition lagged, with 31,000 gross new clients; marketing overhaul flagged as critical for a Q4 reset.
Focus shifts to a 2027 retirement savings account launch; Montega cited aggressive pricing as a potential catalyst.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Smartbroker Holding AG published the original content used to generate this news brief via EQS News (Ref. ID: rc_26802) on September 11, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Montega reiterates buy on Smartbroker, sets EUR 17 price target

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