Montega sets PORR buy rating with EUR 46 price target
Reuters2026/08/31 07:23Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Montega reiterated a buy rating on Porr with an unchanged 12-month price target of EUR 46.
- The note argued the market overreacted to a weak first-half order intake and operating cash flow, blaming timing effects.
- Management guidance now targets 2%-4% growth in output and revenue, with an EBIT margin of 3.2%-3.3%.
- First-half revenue fell 1.1% to EUR 2.93 billion, while EBIT rose 15.6% to EUR 56.3 million.
- Operating cash flow was minus EUR 257.9 million; net debt stood at EUR 461 million including leases.
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. Porr AG published the original content used to generate this news brief via EQS News (Ref. ID: rc_26676) on August 31, 2026, and is solely responsible for the information contained therein.
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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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