Berenberg raises MLP stock target to EUR 15 after profit guidance

Published on 10/18/2026 at 13:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Target rose from EUR 13 to EUR 15 on October 5, 2026. MLP stock has November 12 results after guidance rose to EUR 110-120 million.

Guidance and analyst valuation

Berenberg raised its MLP target from EUR 13 to EUR 15 on October 5, 2026.
MLP lifted its full-year 2026 operating profit range to EUR 110-120 million.
MLP stock closed at EUR 10.40 on October 16, 2026.

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MLP stock target was raised by Berenberg from EUR 13 to EUR 15 on October 5, 2026, after the financial services group lifted its full-year operating profit guidance. According to finanzen.ch, Berenberg kept its Buy rating after the guidance update.

Guidance moves above the old range

MLP raised its 2026 EBIT forecast from EUR 100-110 million to EUR 110-120 million on October 2, 2026. The company also expected third-quarter EBIT to exceed the EUR 18.3 million reported for the same quarter of 2025, according to MLP.

The operating signal came from performance-based compensation in wealth management. MLP put the third-quarter sales-revenue effect at EUR 21 million, compared with EUR 2.8 million in the third quarter of 2025. That comparison gives the higher forecast a more concrete basis than the range change alone.

What supports the higher target?

Berenberg cited higher performance-based fees as a reason for its EUR 15 target and described the new objective as cautious. The target remains above the latest Xetra close, while the forecast also depends on assets under management, investment performance and interest income.

When are the next results?

MLP is scheduled to publish its final third-quarter and first-nine-month figures for 2026 on November 12, 2026, according to MLP. Those figures will show whether the expected third-quarter improvement translated into reported EBIT.

Stock closes at EUR 10.40

The last Xetra close was EUR 10.40 on October 16, 2026. MLP SE is valued at EUR 1.1 billion, while its 52-week range was EUR 5.85 to EUR 10.88 as of that date.

The further course of trading is shown by the continuously updated real-time quote of MLP stock.