Jefferies starts coverage of Lotus Bakeries stock at Buy rating

Published on 10/12/2026 at 10:54 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Jefferies set a EUR 15,000.00 target on September 21, 2026. Lotus Bakeries stock stood at EUR 12,250.00 on October 12, 2026.

Key points in brief

Jefferies started coverage of Lotus Bakeries with a Buy rating and a EUR 15,000.00 target on September 21, 2026.
First-half 2026 revenue rose 14.00 percent to EUR 749.09 million, while net income increased 23.50 percent to EUR 98.10 million.
Lotus Bakeries traded at EUR 12,250.00 at Lang & Schwarz on October 12, 2026 at 10:46 a.m. CEST.
The target implies 22.45 percent upside to the Lang & Schwarz price, using the same EUR basis.

Isometrisches 3D-Diagramm der Keksproduktion von Feld bis Lieferwagen — Isometrische 3D-Grafik zeigt die Wertschöpfungskette von Lotus Bakeries NV BE0003604155 von Getreidefeld bis Vertrieb, Illustration mit AI erstellt.

Jefferies started coverage of Lotus Bakeries with a Buy rating and a EUR 15,000.00 price target on September 21, 2026, according to AskTraders. The benchmark matters because Lotus Bakeries was trading at EUR 12,250.00 at Lang & Schwarz on October 12, 2026, leaving the target 22.45 percent above the live euro price.

Three dated growth signals

On August 7, 2026, Lotus Bakeries published its half-year results for the period ended June 30, 2026, as listed on its investor-relations page. Revenue reached EUR 749.09 million, up 14.00 percent from EUR 657.33 million in the first half of 2025, while net income rose 23.50 percent to EUR 98.10 million, according to wallstreetONLINE.

On September 21, 2026, Jefferies added the EUR 15,000.00 target and Buy rating. On September 22, 2026, a new Mondelez collaboration introduced a Toblerone truffle product filled with Biscoff speculoos, while Lotus Bakeries recorded a second consecutive rising session, as MarketScreener reported.

What does the target imply?

The EUR 15,000.00 target is 22.45 percent above the EUR 12,250.00 Lang & Schwarz price, calculated on the same currency basis. Jefferies also described Biscoff growth as a central part of its thesis, while its research forecast a 12.00 percent compound annual growth rate for revenue and 16.00 percent for EBIT, according to Investing.com.

Next reporting date

The next earnings date listed for Lotus Bakeries is February 5, 2027, according to Forecaster. The date follows the half-year report published on August 7, 2026.

Stock price in trading

Lotus Bakeries was trading at EUR 12,250.00 at Lang & Schwarz on October 12, 2026 at 10:46 a.m. CEST. The EUR 15,000.00 Jefferies target therefore stood 22.45 percent above the reference price, while the first-half revenue comparison provides a fundamental counterpoint to the valuation debate. The further course of trading is shown by the continuously updated real-time quote of Lotus Bakeries stock.