Analyst Martin Comtesse of Jefferies maintained a Hold rating on flatexDEGIRO AG (FTK – Research Report), retaining the price target of €17.00.
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Martin Comtesse’s rating is based on a combination of factors including flatexDEGIRO AG’s strong financial performance in the first quarter of 2025, where the company reported a significant increase in both sales and net profit, surpassing market expectations. Despite these positive results, the company has decided not to adjust its full-year guidance due to the ongoing uncertainty in the market environment.
This cautious stance reflects management’s concerns about potential volatility and unpredictability in future market conditions. As a result, while the company has shown robust growth, the decision to maintain conservative guidance suggests a balanced outlook, leading to the Hold rating. This indicates that while the stock has potential, investors should remain cautious given the uncertain market landscape.
According to TipRanks, Comtesse is ranked #7066 out of 9371 analysts.
In another report released today, Citi also maintained a Hold rating on the stock with a €21.50 price target.