Jefferies starts coverage of Wienerberger stock with EUR 16.00 target

Published on 10/21/2026 at 10:18 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Wienerberger guides for EUR 640-650 million operating EBITDA in 2026. Wienerberger stock costs EUR 16.18 on October 21, 2026, 0.06 percent below its Xetra close.

Guidance and analyst caution

Jefferies began coverage with a EUR 16.00 target on October 14, 2026.
Wienerberger guided for EUR 640-650 million of operating EBITDA in fiscal year 2026 on October 6, 2026.
Wienerberger stock trades at EUR 16.18 at 10:10 a.m. CEST at Lang & Schwarz on October 21, 2026, 0.06 percent below the Xetra close of October 20, 2026.

Wienerberger, AT0000831706, Illustration mit AI erstellt.

Wienerberger (ISIN AT0000831706) stock was trading at EUR 16.18 at Lang & Schwarz on October 21, 2026, at 10:10 a.m. CEST, down 0.06 percent versus the Xetra close of October 20, 2026. Yahoo Finance reported on October 14, 2026, that Jefferies began coverage with a Hold rating and a EUR 16.00 price target.

Guidance leaves a lower earnings bar

On October 6, 2026, Wienerberger cut its fiscal year 2026 operating EBITDA guidance to EUR 640 million to EUR 650 million. The company cited weak residential new-build activity in the United Kingdom, the United States and Canada, alongside higher energy, raw-material and logistics costs.

The same update put expected third-quarter 2026 revenue at EUR 1.2 billion to EUR 1.3 billion and operating EBITDA at EUR 170 million to EUR 180 million. Those ranges are forward guidance, not final quarterly results.

What does the target mean for valuation?

Jefferies' EUR 16.00 target is EUR 0.18 below the Lang & Schwarz price, while the brokerage expected third-quarter operating EBITDA of EUR 177 million versus EUR 202 million a year earlier, a decline of 12.38 percent, according to Yahoo Finance on October 14, 2026. The comparison puts the operating challenge ahead of the November report in concrete terms.

Three dates trace the reset

On February 2026, Wienerberger set a fiscal year 2026 operating EBITDA goal of EUR 810 million; in July 2026, management reduced it to EUR 700 million; on October 6, 2026, the company lowered the range again to EUR 640 million to EUR 650 million, according to Yahoo Finance.

Next date is November 12

Wienerberger scheduled its first nine months of fiscal year 2026 results and a strategic-review update for November 12, 2026. The report should show whether the cost measures are beginning to offset weaker construction demand.

Stock remains near its yearly low

Wienerberger's market capitalization was EUR 1.8 billion as of October 21, 2026, while its 52-week range was EUR 15.04 to EUR 31.22. The current quote sits EUR 1.14 above the low, a 7.56 percent distance, leaving the guidance reset and the strategic review as the main valuation tests.

The stock was trading at EUR 16.18 at Lang & Schwarz on October 21, 2026 at 10:10 a.m. CEST, 0.06 percent below the Xetra close of October 20, 2026 at EUR 16.19. The further course of trading is shown by the continuously updated real-time quote of Wienerberger stock.