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The Munich-based Researchhaus Sphene Capital GmbH has renewed its by recommendation after the announcement of the subscription offer for the 2017 capital increase and recommended the co.don shareholders to participate in the capital increase. Within 12 to 24 months, the analysts see a price target of 4.20 euros per share adjusted for dilution from the capital increase.
The full update to the research study is available here (German language)
Following the announcement of the half year report , the Hamburg-based equity research company WARBURG RESEARCH GmbH has confirmed both its buy recommendation and target price of €4.70 per share
The full update to the research study is available here