Quirin Privatbank keeps Buy on Hornbach, sets EUR 110 price target
Bitget2026/09/30 14:30Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Quirin Privatbank reiterated a Buy rating on HORNBACH Holding AG & Co. KGaA, setting a target price of EUR 110.
- The report cited strong first-half FY 2026/27 performance, supported by solid customer demand across markets.
- Group net sales rose 6% to EUR 3.82 billion, driven by 4% like-for-like growth.
- Adjusted EBIT increased 4.9% to EUR 285.6 million despite higher personnel and expansion-related costs.
- Management guidance for FY 2026/27 was confirmed.
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. HORNBACH Holding AG & Co. KGaA published the original content used to generate this news brief via EQS News (Ref. ID: rc_26944) on September 30, 2026, and is solely responsible for the information contained therein.
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