Montega sets MS Industrie price target at EUR 2.40, reiterates buy rating
- Montega reiterated a Buy rating on MS Industrie, raising its 12-month price target to EUR 2.40 from EUR 2.20.
- Report highlights a 51% acquisition of Serbia-based precision manufacturer IDAS, adding a third production site alongside Trossingen and Charlotte.
- IDAS generated EUR 8.5 million revenue in 2025; Montega estimates the purchase price at about EUR 1.5 million.
- Montega expects a resilient second half, citing a EUR 81.7 million order backlog at June 30 plus steady European truck demand.
- Valuation seen supported by the shares trading below book value, with forecasts updated in Montega’s DCF model.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. MS Industrie AG published the original content used to generate this news brief via EQS News (Ref. ID: rc_27080) on October 13, 2026, and is solely responsible for the information contained therein.