JPMorgan cuts target for RENK Group stock from EUR 75.00 to EUR 62.00

Published on 10/01/2026 at 13:58 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half order intake rose 29.70 percent to EUR 1.2 billion. RENK Group stock costs EUR 36.75 on October 1, 2026 after EUR 37.73, minus 2.60 percent.

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RENK Group (ISIN DE000RENK730) was trading at EUR 36.75 at Lang & Schwarz on October 1, 2026 at 1:46 p.m. CEST, down 2.60 percent from the prior close of EUR 37.73. As Markets Insider reported on September 29, 2026, JPMorgan cut its price target from EUR 75.00 to EUR 62.00 while keeping an Overweight rating.

Target cut meets stronger orders

The downgrade in valuation arrives against a much stronger order picture. According to Börse Express, first-half 2026 order intake rose 29.70 percent to EUR 1.2 billion, while the order backlog reached EUR 7.4 billion.

The same report said first-half revenue increased 2.70 percent to EUR 637.2 million and adjusted EBIT rose 10.10 percent to EUR 98.2 million. The adjusted operating margin improved from 14.40 percent to 15.40 percent, giving investors a clear contrast between operating progress and the share-price decline.

Guidance holds despite margin debate

RENK Group confirmed its 2026 outlook for revenue above EUR 1.5 billion and adjusted EBIT between EUR 255 million and EUR 285 million, according to Börse Express. The guidance range leaves execution, segment profitability and order conversion as the key operating variables for the rest of the year.

The next scheduled reporting milestone is the third-quarter report on November 5, 2026, while a pre-close call for analysts was planned for October 21, 2026, Stock-World reported. Those dates give the market a defined test for whether the lower JPMorgan target reflects temporary execution concerns or a more durable earnings reset.

Stock sits near its yearly low

The Lang & Schwarz price of EUR 36.75 stood EUR 0.58, or 1.60 percent, above the 52-week low of EUR 36.17 and well below the 52-week high of EUR 90.34 on October 1, 2026. The valuation gap between JPMorgan's EUR 62.00 target and the live euro quote is therefore substantial, but the target cut shows that analysts are revising their assumptions as the next results approach.

The further course of trading is shown by the continuously updated real-time quote of RENK Group stock.