Morgan Stanley sets EUR 12.90 target for Lotus Bakeries stock
Published on 10/15/2026 at 10:55 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSCoverage and operating momentum
- Morgan Stanley initiated coverage with an Equal Weight rating on October 9, 2026.
- First-half 2026 revenue rose 14.00 percent to EUR 749.09 million.
- Lotus Bakeries stock trades at EUR 12,860.00 at 10:42 a.m. CEST at Lang & Schwarz on October 15, 2026, 0.16 percent above the Xetra close of October 14, 2026.
Lotus Bakeries (ISIN BE0003604155) drew an Equal Weight rating and a EUR 12.90 price target from Morgan Stanley on October 9, 2026, according to Markets Insider. The bank said Lotus Bakeries growth prospects were already priced into the shares.
Why the target matters
The Morgan Stanley view adds a cautious counterweight to the companys operating performance. Lotus Bakeries reported first-half 2026 revenue of EUR 749.09 million, up 14.00 percent from the prior-year period, while operating result reached EUR 130.20 million, according to StoxEurope.
The same report places the first-half operating margin at 17.40 percent. That figure matters because the valuation debate depends on whether expanding Biscoff capacity can translate into sustained profit growth rather than only higher sales.
What changed in 2026
Lotus Bakeries approved a gross dividend of EUR 90.00 per share on May 12, 2026, and started an additional production hall at its Lembeke site on the same date. On August 7, 2026, the company reported first-half revenue of EUR 749.09 million and operating result of EUR 130.20 million. On October 9, 2026, Morgan Stanley initiated coverage with an Equal Weight rating and a EUR 12.90 target. The dated sequence is documented by StoxEurope and Markets Insider.
What does the target imply?
The analyst stance puts valuation beside execution. Lotus Bakeries has committed at least EUR 500.00 million to additional Biscoff capacity across Belgium, Thailand and the United States during 2026 through 2030, while group capital expenditure for 2026 and 2027 is expected to exceed EUR 250.00 million, according to StoxEurope. For investors, the key test is whether that spending supports the 14.00 percent first-half revenue growth without diluting the operating margin.
Next reporting date
The next substantiated company date is February 5, 2027, when Lotus Bakeries is due to publish full-year 2026 results, according to StoxEurope.
Stock holds near its yearly high
Lotus Bakeries stock was trading at EUR 12,860.00 at Lang & Schwarz on October 15, 2026 at 10:42 a.m. CEST, plus 0.16 percent versus the Xetra close of October 14, 2026 (EUR 12,840.00). The current quote is below the EUR 13,160.00 52-week high and above the EUR 5,810.00 52-week low, both as of October 15, 2026.
The further course of trading is shown by the continuously updated real-time quote of Lotus Bakeries stock.
Lotus Bakeries stock facts
- Company: Lotus Bakeries N.V.
- ISIN: BE0003604155
- Ticker: LOTB
- Primary exchange: Euronext Brussels
- Price Lang & Schwarz (as of October 15, 2026, 10:42 a.m. CEST): EUR 12,860.00
- Change versus Xetra close: plus 0.16 percent
- Xetra close (October 14, 2026): EUR 12,840.00
- Market capitalization: EUR 10.5 billion (as of October 15, 2026)
- 52-week range: EUR 5,810.00-EUR 13,160.00 (as of October 15, 2026)
- Sector / Industry: Consumer Defensive / Packaged Foods
Market context: Market report Euro Stoxx 50.
