ODDO BHF raises target for Deutz stock to EUR 16.50

Published on 10/02/2026 at 16:51 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue rose 10.70 percent to EUR 1,115.30 million in the first half of 2026. Deutz stock costs EUR 11.05 on October 2, 2026 after EUR 11.00.

Bauhaus-Poster im geometrischen Stil mit MASCHINENBAU-Schriftzug für den Deutz AG Sektor — Deutz AG Sektor DE0006305006 als geometrisches Bauhaus Poster mit dem Text MASCHINENBAU in kräftigen Farben, Illustration mit AI erstellt.

Deutz (ISIN DE0006305006) was trading at EUR 11.05 at Lang & Schwarz on October 2, 2026, while ODDO BHF raised its target from EUR 16.40 to EUR 16.50 on September 24, 2026, according to Borse Express. The target is 33.03 percent above the Lang & Schwarz price.

ODDO raises target to EUR 16.50

ODDO BHF kept its Outperform rating and lifted the target by EUR 0.10, or 0.61 percent, from EUR 16.40 to EUR 16.50. Borse Express reported the change on September 27, 2026 and linked the assessment to Deutz's operating growth and planned expansion into defense technology.

The strategic backdrop is the planned EUR 1.60 billion acquisition of FFG Flensburger Fahrzeugbau. Deutz is financing part of the transaction through a capital increase, making execution and balance-sheet flexibility central to the investment case, according to Borse Express.

First-half revenue reaches EUR 1,115.30 million

Deutz increased revenue by 10.70 percent year over year to EUR 1,115.30 million in the first half of 2026. The same period brought a 43.00 percent improvement in adjusted EBIT to EUR 79.70 million, while the adjusted EBIT margin rose from 5.50 percent to 7.10 percent, according to Borse Express.

Management confirmed 2026 revenue guidance of EUR 2.30 billion to EUR 2.50 billion and an adjusted EBIT margin of 6.50 percent to 8.00 percent. The next scheduled operating checkpoint is the quarterly statement for the first nine months of 2026 on November 5, 2026, as reported by Borse Express.

Stock stays below the target

The ODDO BHF target sits EUR 5.45 above the Lang & Schwarz quote, leaving the share price 33.03 percent below that target. At the same time, the first-half margin improvement from 5.50 percent to 7.10 percent gives the valuation case a measurable operating reference rather than relying only on the FFG transaction.

Deutz stock was trading at EUR 11.05 at Lang & Schwarz on October 2, 2026 at 4:38 p.m. CEST, up 0.45 percent versus the prior close of EUR 11.00 on October 1, 2026. The 52-week range was EUR 7.33 to EUR 13.35, with the range data dated October 2, 2026. The further course of trading is shown by the continuously updated real-time quote of Deutz stock.