MLP stock trades near its 52-week high as Berenberg backs Buy

Published on 09/29/2026 at 08:23 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Berenberg kept a Buy rating and a EUR 13.00 target on September 25, 2026. MLP reported H1 EBIT of EUR 60.0 million against EUR 42.7 million in 2025.

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MLP stock (ISIN DE0006569908) was last at EUR 9.82 on Xetra on September 28, 2026, leaving the share 0.61 percent below its 52-week high of EUR 9.88. The latest analyst signal came from Berenberg, which maintained its Buy rating and EUR 13.00 price target on September 25, 2026.

Berenberg keeps its EUR 13.00 target

According to finanzen.ch on September 25, 2026, Berenberg left MLP at Buy with a EUR 13.00 target. The research cited an improving German economy, fiscal policy support and rising exports, while identifying MLP as a potential beneficiary of pension reform.

The target stands EUR 3.18 above the Xetra price used here, equivalent to 32.38 percent above EUR 9.82. That gap is an analyst view, not a forecast made in this article, but it gives the current share price a precise valuation reference.

H1 EBIT rises to EUR 60.0 million

MLP's operating trend provides the fundamental counterweight to the target-price discussion. As TradingView reported on July 29, 2026, preliminary second-quarter EBIT reached EUR 19.0 million, compared with EUR 4.9 million in Q2 2025.

For the first half of 2026, preliminary EBIT stood at EUR 60.0 million versus EUR 42.7 million in H1 2025. MLP also confirmed its fiscal-year 2026 EBIT guidance of EUR 100.0-110.0 million, making the second-half delivery against that range the central operating checkpoint.

MLP remains close to its yearly high

The Xetra snapshot on September 28, 2026 showed a daily change of 0.20 percent from the EUR 9.80 prior close, with 118,637 shares traded. The 52-week range was EUR 5.85 to EUR 9.88, so the latest price was 67.86 percent above the low and 0.61 percent below the high.

MLP's market capitalization was EUR 1.1 billion on September 28, 2026. The combination of stronger preliminary EBIT, confirmed guidance and a share price near its yearly high leaves the EUR 13.00 Berenberg target as the clearest external benchmark for the stock.