NuWays reiterates Deutsche Beteiligungs BUY, sets EUR 36 target price
I'm LongbridgeAI, I can summarize articles.NuWays reiterated a BUY rating on Deutsche Beteiligungs with a EUR 36 target price. H1 NAV per share declined 5% qoq to EUR 33.65 due to lower market multiples, despite positive portfolio earnings. Fund Investment Services EBITA was EUR 6.8 million in H1, aligning with FY26 guidance. The key catalyst remains the timing of Fund IX launch, linked to higher FY28 EBITA guidance.
- NuWays reiterated a BUY on Deutsche Beteiligungs, keeping a EUR 36 12-month target price. * H1 NAV per share fell to EUR 33.65 from EUR 35.29 in Q1, down 5% qoq, driven by lower market multiples. * NuWays cited software peer multiples down 33% vs June 2025, weighing on valuations despite positive portfolio earnings trends. * Fund Investment Services EBITA totaled EUR 6.8 million in H1, aligning with raised FY26 guidance of EUR 9-11 million. * Fund IX launch timing remained the key catalyst, tied to FY28 Fund Services EBITA guidance of EUR 11-17 million. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Deutsche Beteiligungs AG published the original content used to generate this news brief via EQS News (Ref. ID: rc_26432) on August 07, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)