MLP raises operating profit forecast and Berenberg lifts target for MLP stock

Published on 10/06/2026 at 12:42 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Berenberg sets EUR 15.00 target, up from EUR 13.00, on October 5, 2026. MLP stock costs EUR 10.73 on October 6, 2026 after EUR 10.66.

Aquarellbild der historischen Altstadt Wiesloch mit Kirchturm und Fluss — Aquarellmalerei der Stadt Wiesloch zeigt den Firmensitz von MLP SE DE0006569908 mit Kirchturm und Fachwerkhäusern, Illustration mit AI erstellt.

MLP (ISIN DE0006569908) raised its full-year 2026 operating profit forecast, reported as EBIT, from EUR 100-110 million to EUR 110-120 million on October 2, 2026, according to MLP. Berenberg lifted its target for MLP stock from EUR 13.00 to EUR 15.00 while keeping a Buy rating, according to Aktiencheck on October 5, 2026.

Guidance rises by EUR 10 million

The new forecast lifts both ends of MLP's previous range by EUR 10 million. The company expects third-quarter 2026 EBIT to exceed the EUR 18.3 million recorded in the third quarter of 2025, with performance-based compensation driving the improvement.

MLP said performance-based compensation contributed EUR 21 million to third-quarter 2026 revenue, compared with EUR 2.8 million in the same period of 2025. That fivefold increase is the clearest numerical explanation for the guidance change, although the final quarterly figures are still scheduled for publication later in the year.

Berenberg target reaches EUR 15.00

Berenberg analyst Marius Fuhrberg described the new target as cautious and linked the higher valuation to increased performance-based fees, according to Aktiencheck. The EUR 15.00 target stands 39.79 percent above the EUR 10.73 Lang & Schwarz price, using the same euro currency for both values.

The analyst also pointed to Germany's planned pension reform as a potential source of additional business. The comparison with the prior target matters because it shows that the revised company outlook changed the external valuation view from EUR 13.00 to EUR 15.00.

Next results arrive November 12

MLP plans to publish final figures for the third quarter and the first nine months of 2026 on November 12, 2026, according to MLP. That release will test whether the EUR 21 million performance-based compensation effect translated into the expected EBIT improvement.

MLP stock stays below EUR 15.00

MLP stock was trading at EUR 10.73 at Lang & Schwarz on October 6, 2026 at 12:38 p.m. CEST, plus 0.66 percent versus the prior close of EUR 10.66. The company had a market capitalization of EUR 1.2 billion and a 52-week range of EUR 5.85 to EUR 10.84 as of October 6, 2026.

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