Analysts’ recommendations Analyst Institute Recommendation Date Target Price (TP) Raab Kepler Cheuvreux Reduce 11 November 2021 9.70 Euro Punzet DZ Bank AG Sell 10 November 2021 10.00 Euro Asumendi JP Morgan Cazenove Neutral 10 November 2021 10.70 Euro Biller LBBW Sell 10 November 2021 10.00 Euro Laskawi Deutsche Bank Hold 01 October 2021 11.00 Euro Tonn Warburg Research Sell 12 August 2021 12.00 Euro Kukalj Quirin Bank Sell 11 August 2021 12.00 Euro Diermeier Independent Research Sell 05 May 2021 9.70 Euro Eggeling Oddo BHF Underperform 04 May 2021 10.00 Euro Steilen Commerzbank Hold 18 March 2021 11.00 Euro Glowa Hauck & Aufhäuser Hold 21 January 2021 9.00 Euro Analyst Consensus in million Euro Full Year 2021 (E) Sales 5,031.7 EBIT before exceptional items as well as before VALUE21 costs 133.6 Free Cash Flow -163.3 Vara Research GmbH, Oct. 28, 2021; based on estimates of 4 research analysts Share Feedback Overview Company Products & markets Investor Relations Media Jobs & careers We recommend Innovation Locations News Financial publications Job offers Service Contact Publications Search Sitemap Imprint Data protection Terms & conditions Legal notice To top Privacy settings Cookies that essential for technical reasons are set on this webpage so we can provide users with our offers. A cookie that stores your current privacy settings is also set (selection cookie). With the exception of the selection cookie, technically non-essential cookies and tracking mechanisms, that enable us to provide you with customized offers (marketing cookies and tracking mechanisms), are only used if you have given prior consent to such use: Read more about our privacy policy. Consent to marketing cookies Read more » When clicking "Save" only the cookies you selected will be used. Under your privacy settings ,you can withdraw at any time the consent that you granted here with immediate effect. Consent to marketing cookies Save By clicking on "consent to marketing cookies", you also consent to your data being processed in the USA in accordance with Art. 49 Para. 1 S.1 lit.a GDPR. The USA is considered by the European Court of Justice to be a country with an inadequate level of data protection according to EU standards. In particular, there is a risk that your data may be processed by US authorities for control and monitoring purposes, possibly without the possibility of judicial remedy. Data protection notice (Privacy policy) | Corporate Information