Analyst Henrik Paganetty of Jefferies maintained a Hold rating on Draegerwerk AG & Co. KGaA, retaining the price target of €73.00.
Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Henrik Paganetty has given his Hold rating due to a combination of factors that balance strong recent performance with more tempered expectations going forward. The company delivered very solid preliminary fourth-quarter figures, with record sales in both main divisions and an operating margin clearly above prior expectations and company guidance for the year. This strong finish was supported by a healthy order intake, indicating that underlying demand remains intact and providing a decent base for the coming year.
At the same time, the company’s guidance for 2026 points to only moderate sales growth and a mid‑single to high‑single digit EBIT margin, which is broadly in line with where the market is already positioned. In other words, much of the operational improvement now seems reflected in current consensus expectations, limiting additional upside in the near term. The dividend policy, while predictable and shareholder‑friendly, also follows existing practice rather than signalling a step‑change in capital returns. Taken together, these elements support a neutral stance: the business is performing well operationally, but the risk‑reward profile appears balanced rather than clearly skewed to the upside.
In another report released on January 13, TipRanks – OpenAI also reiterated a Hold rating on the stock with a €80.00 price target.