Oddo BHF moves Ackermans stock to Neutral with EUR 300 target

Published on 10/07/2026 at 10:43 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Ackermans stock costs EUR 260.20 on October 7, 2026, below its EUR 300.20 high. Half-year net profit reached EUR 339.6 million, up 24 percent.

Ackermans, BE0003764785, Illustration mit AI erstellt.

Ackermans & van Haaren NV (ISIN BE0003764785) was trading at EUR 260.20 at Lang & Schwarz on October 7, 2026 at 10:35 a.m. CEST, placing the stock 13.32 percent below its EUR 300.20 52-week high. On September 7, 2026, MarketScreener reported that Oddo BHF downgraded Ackermans to Neutral and set a EUR 300.00 price target.

Analyst caution follows strong results

The rating change contrasts with the company's latest earnings momentum. GlobeNewswire reported on August 28, 2026 that net profit for the first half of 2026 reached EUR 339.6 million, an increase of 24 percent from the comparable period.

The same half-year release described stronger performance in core segments and an improvement in Growth Capital. The 24 percent increase gives the Neutral rating a clear counterpoint: earnings growth remains substantial, while the share price is already below the latest analyst target by EUR 39.80.

Portfolio scale supports the valuation

Ackermans operates through strategic participations spanning marine engineering and contracting, private banking, real estate, and energy and resources. Its investor-relations page says the group generated pro forma turnover of EUR 7.7 billion in 2025 and reported net result of EUR 593 million for that fiscal year, with 24,931 employees across its participations, Ackermans & van Haaren states.

The business mix matters for the stock because private banking and marine engineering provide different earnings drivers. The valuation also reflects a diversified portfolio rather than a single operating division, which helps explain why analysts can remain constructive on earnings while applying a more cautious rating.

Next scheduled company date

Ackermans has scheduled an extraordinary shareholder meeting for October 15, 2026, at its Antwerp headquarters, according to GlobeNewswire on September 14, 2026. The next third-quarter earnings release is listed for November 16, 2026 by MarketScreener.

Stock remains below its yearly high

The Lang & Schwarz price of EUR 260.20 on October 7, 2026 stood 13.32 percent below the EUR 300.20 52-week high, while the EUR 300.00 Oddo BHF target sits EUR 39.80 above the quote. The further course of trading is shown by the continuously updated real-time quote of Ackermans stock.