Research Analysts

Broker Analyst Last Update
Bank of America Merril Lynch John King 14/08/2019
Barclays Andrew Ross 19/02/2020
Bankhaus Lampe Christoph Bast   19/02/2020
Commerzbank Stephan Klepp 19/03/2020
Credit Suisse Joseph Barnet-Lamb 13/08/2019
Deutsche Bank Fathima Nizla Naizer 19/02/2020
Exane BNP Paribas William Packer 19/02/2020
Goldman Sachs Lisa Yang 19/02/2020
J.P. Morgan Marcus Diebel 19/02/2020
Kepler Cheuvreux Craig Abbott   21/01/2020
Liberum Ian Whittaker   15/05/2020
Morgan Stanley Miriam Adisa 19/07/2019
Pareto Securities AS Mark Josefson 19/02/2020
Royal Bank of Canada Sherri Malek 19/02/2020
Societe Generale Remi Grisard 11/02/2020
UBS Richard Eary   19/02/2020
Warburg Marius Fuhrberg 18/12/2019
Last Update: 19/03/2020  

Analyst Recommendations*

Target Price (Median): € 68.50

Consensus Estimates**

   2020 2021 2022
Median Revenue Consensus 378.3 426.7 474.8
Median ooEBITDA Consensus 232.5 262.6 297.6
Median ooEBITDA Margin 62% 62% 63%
Last Update: 19/02/2020      

*Reflects only recommendations provided in 2020.

**Reflects only estimates according to new reporting structure

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