Hochtief stock faces lower Deutsche Bank target before results
Published on 10/30/2026 at 15:57 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst caution meets upcoming results
- Deutsche Bank reduced its Hochtief target while keeping its Hold recommendation.
- The January-to-September interim report is scheduled for November 5.
- ACS updates on Turner, CIMIC and medium-term targets are expected around November 12.
Deutsche Bank lowered its Hochtief price target from 458 euros to 411 euros on Thursday, October 29, while retaining its Hold recommendation. MarketScreener reported the revised valuation and unchanged neutral stance.
The reduction lowers Deutsche Bank's valuation marker by 47 euros but does not change the recommendation category. It therefore signals a more cautious valuation view rather than a new sell call or a reported change to Hochtief's corporate guidance.
Results are the next test
Hochtief is scheduled to publish its interim report for January through September 2026 on November 5. The release will show whether the earnings momentum seen in the second quarter continued into the third quarter.
The latest reported second-quarter benchmark was earnings per share of 3.42 euros, compared with 2.30 euros a year earlier. Quarterly revenue reached 10.74 billion euros, according to the report reviewed by AD HOC NEWS.
At 15:42:02 Berlin time on Friday, October 30, Hochtief stock traded at 376.30 euros on Lang & Schwarz, 2.06 percent below the Xetra close of Thursday, October 29, at 384.20 euros. The latest own report, published on October 29, cited 381.40 euros; the new quote is 1.34 percent lower, a separate comparison from the Xetra-based daily move.
ACS update adds another signal
Analyst Isabella Baxter is also looking to ACS, Hochtief's parent company, for further valuation signals. ACS is expected to release quarterly figures and hold a capital markets day around November 12, with potential updates on the shared Turner and CIMIC businesses and on medium-term targets.
The real-time quote of Hochtief stock provides the latest trading reference, while the November report remains the next company-specific test for investors.
German equities trade in the DAX market environment, which provides the broader setting for the German share market without establishing a direct link to Hochtief's move.
More news and analyses on Hochtief stock
Hochtief stock facts
- Company: Hochtief AG
- ISIN: DE0006070006
- Primary exchange: Xetra
- Lang & Schwarz price: 376.30 euros at 15:42:02 Berlin time on October 30, 2026
- Change versus Xetra close: 2.06 percent below the 384.20-euro close on October 29, 2026
- Sector: Industrials, construction and engineering
