Analyst coverage

Disclaimer

None of the reports published on this homepage should be construed as a recommendation, offer or solicitation to acquire, or dispose of any shares of 2G Energy AG, they are for information purposes only. The reports are prepared for professional investors only and they are not intended for private investors. The authors do not accept any liability whatsoever for any direct or consequential loss arising from any use of material contained in these reports.

 

In addition to the reports listed below there are required research reports as the shares of 2G Energy AG are listed on the trading segment Scale, a part of the Open Market (Regulated Unofficial Market) on the Frankfurt Stock Exchange. These can be viewed here.

Analyst coverage

* available in German only

Date Institute Title & Recommendation
10.09.2024 First Berlin Equity Research Return to full capacity utilisation by the end of Q3
Buy, Price target: 34.00 EUR
10.09.2024 SMC Research Robust earnings development in the first half supports margin forecast
Buy, Price target: 34.00 EUR*
(Update on the 2024 consolidated financial statements)
09.09.2024 Warburg
Research
Upbeat margin development amid temporary revenue dip
Buy, Price target: 39.00 EUR
05.09.2024 Metzler - Capital Markets Profitable growth continues
Buy, Price target: 31.90 EUR
02.09.2024 Warburg
Research
Upbeat order-book momentum provides strong foundation for 2025
Buy, Price target: 39.00 EUR
26.08.2024 First Berlin Equity Research Record order backlog bodes well for 2025
Buy, Price target: 34.00 EUR
22.07.2024 Warburg
Research
Upbeat order intake underpins growth ambitions
Buy, Price target: 39.00 EUR
11.06.2024 Warburg
Research
Margin enhancement underpins structural growth case
Buy, Price target: 39.00 EUR*
24.05.2024 First Berlin Equity Research Strong start to the new financial year
Buy, Price target: 34.00 EUR
*
24.05.2024 First Berlin Equity Research Q1 sales and EBIT higher than expected
Buy, Price target: 34.00 EUR
23.05.2024 Metzler - Capital Markets

A good start into the year
Buy, Price target: 31.90 EUR

29.04.2024 First Berlin Equity Research From CHP product to energy systems solution provider
Buy, Price target: 34.00 EUR
24.04.2024 Warburg
Research

Strong Q1 order intake underpins dynamic outlook
Buy, Price target: 39.00 EUR

22.04.2024 SMC Research German revival in US business as a further growth driver
Buy, Price target: 34.00 EUR*
(Update on the 2023 consolidated financial statements)

 
12.04.2024 First Berlin Equity Research

EBIT margin increased from 7.0 % to 7.6 %
Buy, Price target: 34.00 EUR

12.04.2024 Warburg
Research
Sustainable margin enhancement should trigger revaluation
Buy, Price target: 37.00 EUR
11.04.2024 Metzler - Capital Markets Practical, affordable, good
Buy, Price target: 31.90 EUR
01.03.2024 Warburg
Research

Sales guidance surpassed following strong Q4 billings
Buy, Price target: 37.00 EUR

01.03.2024 SMC Research After the bottleneck problems were resolved,
sales significantly exceeded the forecast
Buy, Price target: 33.40 EUR*
29.02.2024 First Berlin Equity Research Strong Growth confirms buy recommendation
Buy, Price target: 34.00 EUR
30.01.2024 Warburg
Research
Upbeat order intake and updated mid-term guidance underline growth trajectory
Buy, Price target: 36.00 EUR
29.01.2024 SMC Research Strong recovery in incoming orders leads to forecast increase for 2025
Buy, Price target: 33.00 EUR*
26.01.2024 First Berlin Equity Research Strong Q4 order intake and higher 2025 sales guidance
Buy, Price target: 34.00 EUR
26.01.2024 Metzler - Capital Markets

Strong order intake and increase in sales guidance
Buy, Price target: 31.50 EUR

05.12.2023 SMC Research The margin trend is clearly pointing upwards
Buy, Price target: 31.50 EUR*
04.12.2023 First Berlin Equity Research

Visibility on growth into 2025
Buy, Price target: 34.00 EUR

30.11.2023 Warburg
Research
Strong margin generation despite economic headwinds
Buy, Price target: 36.00 EUR
27.10.2023 Metzler - Capital Markets

Annual targets confirmed; sales growth continues
Buy, Price target: 31.50 EUR

26.10.2023 Warburg
Research
Strong order intake points to upbeat 2024 performance
Buy, Price target: 36.00 EUR
13.09.2023 First Berlin Equity Research Takeover is accelerating entry into large heat pumps
Buy, Price target: 34.00 EUR
11.09.2023 Warburg
Research
Strong H1 performance driven by international business
Buy, Price target: 36.00 EUR
08.09.2023 Metzler - Capital Markets

Margins and order intake on the right track
Buy, Price target: 31.50 EUR

01.09.2023 Metzler - Capital Markets Acquisition of heat pump specialist
Buy, Price target: 31.50 EUR
31.08.2023

Warburg
Research

Upbeat growth prospects for pioneer in hydrogen CHP market
Buy, Price target: 36.30 EUR
29.08.2023 First Berlin Equity Research Strong growth in H1 - Upgrate to Buy
Buy, Price target: 33.00 EUR
02.08.2023 SMC Research Delays in receiving orders,
but there are already signs of revival
Buy, Price target: 33.00 EUR*
02.06.2023 First Berlin Equity Research

Tailwinds for 2G after Strong Q1
Buy, Price target: 33.00 EUR