Martin Comtesse, an analyst from Jefferies, maintained the Hold rating on flatexDEGIRO AG. The associated price target is €32.00.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Martin Comtesse has given his Hold rating due to a combination of factors that reflect the current valuation and future prospects of flatexDEGIRO AG. The company’s preliminary third-quarter results showed sustained high levels of retail activity and cash deposits, which were already anticipated following management’s recent upward revision of the fiscal year 2025 guidance.
Despite the positive trading environment leading to a 13% increase in earnings per share estimates, the stock is trading at a price-to-earnings ratio of 23x, suggesting it is fairly valued at present. For the stock to outperform further, additional upward revisions in earnings would be necessary as we look towards fiscal year 2026.
Comtesse covers the Technology sector, focusing on stocks such as Bechtle Aktiengesellschaft, CANCOM SE, and Nagarro SE. According to TipRanks, Comtesse has an average return of -3.5% and a 38.18% success rate on recommended stocks.