Der Börsen-Tag: Price target doubled: This stock is a winner

Significant growth in recent months

The share of the German company has risen by almost 100 percent since the beginning of the year. The price target of the stock was recently doubled by the Börsen-Tag. The share is thus one of the best performers on the German stock market this year.

Positive analyst assessments

Analysts see further potential in the stock. The Börsen-Tag refers to positive analyst assessments. The company is said to be well-positioned in the market and to have good growth prospects.

Strong growth in the core business

The company's core business is growing strongly. In the first half of the year, sales increased by 10 percent. The company also benefits from the weak euro. The company generates a large part of its sales abroad.

Risks

However, there are also risks to the share. The company is dependent on the economic development in its core markets. In addition, the company is facing increasing competition.

Conclusion

Despite the risks, the Börsen-Tag sees further potential in the stock. The price target was recently doubled. Analysts also see further growth opportunities for the company. Investors should, however, be aware of the risks involved.