MLP stock gains 1.98 percent as Berenberg keeps Buy rating

Published on 09/28/2026 at 13:49 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

MLP stock traded at EUR 9.84 on Xetra on September 28, 2026, while Berenberg retained its Buy rating and EUR 13.00 target. H1 EBIT reached EUR 60 million.

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MLP stock (ISIN DE0006569908) traded at EUR 9.84 on Xetra on September 28, 2026, up 1.98 percent from the previous session. The immediate market reference is Berenberg's unchanged Buy rating and EUR 13.00 price target, published on September 25, 2026.

Berenberg keeps EUR 13 target

According to finanzen.ch, Berenberg left its Buy rating and EUR 13.00 target unchanged in a study dated September 24, 2026. The target stands EUR 3.16 above the Xetra price cited for September 28, 2026, giving the analyst view a clearly defined valuation reference rather than a new estimate.

Berenberg analyst Chris Armstrong identified MLP as a potential beneficiary of pension reform alongside Flatexdegiro. That thesis ties the rating to a concrete policy and business-growth expectation, while the unchanged target shows that the September view was a continuation rather than a fresh target increase.

EBIT rises in first half

MLP's operating figures provide the stronger company-specific counterpoint. In an MLP disclosure published by TradingView on July 29, 2026, preliminary Q2 2026 EBIT was EUR 19 million, compared with EUR 4.90 million in Q2 2025.

The same MLP disclosure put preliminary H1 2026 EBIT at EUR 60 million, versus EUR 42.70 million in H1 2025. MLP also reaffirmed fiscal 2026 EBIT guidance of EUR 100 million to EUR 110 million, leaving the second half to deliver between EUR 40 million and EUR 50 million against that range.

Stock trades near EUR 10

The combination of a 1.98 percent intraday advance, stronger first-half EBIT and unchanged guidance gives MLP stock a focused market narrative on September 28, 2026. The key distinction is that the current share move is visible immediately, while the EUR 13.00 target and the EUR 100 million to EUR 110 million EBIT range depend on execution through the remainder of fiscal 2026.