First Berlin reiterates PSI Software “Accept the Offer” with EUR 45 price target
Reuters2026/08/27 08:03- First Berlin reiterated its “Accept the Offer” stance on PSI, maintaining a EUR 45 target price on Aug. 27, 2026.
- Analyst Simon Scholes cited stronger H1 2026 performance, including double-digit adjusted EBIT margin in Grid & Energy Management.
- A profit warning on Aug. 21 was tied mainly to European steel-market weakness hitting the Process Industries & Metals unit.
- Warburg Pincus holds over 80% of shares; a delisting offer is expected before year-end near EUR 45.
- First Berlin urged tendering, citing reduced disclosure once the Frankfurt listing ends and PSI shifts out of Prime Standard.
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.
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