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Montega reiterates buy on CeoTronics, sets EUR 17 price target

PUBT·07/10/2026 08:16:44
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Montega reiterates buy on CeoTronics, sets EUR 17 price target
  • Montega reiterated a Buy rating on CeoTronics, setting a 12-month target price of EUR 17.
  • Report flagged a valuation gap versus peers, citing CeoTronics at EV/EBIT 9.0 versus INVISIO 31.3 and Savox 32.2.
  • Montega pointed to high revenue visibility from the Bundeswehr SmG framework, with 110,000 systems ordered out of a 191,000 maximum.
  • Latest SmG call-off worth about EUR 47 million seen delivered mainly in fiscal 2026/27 and 2027/28.
  • Montega cited recent European defense orders of EUR 13.5 million and about EUR 12.5 million as evidence of expanding reach beyond Germany.


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. CeoTronics Audio Video Data Communication AG published the original content used to generate this news brief via EQS News (Ref. ID: rc_26142) on July 10, 2026, and is solely responsible for the information contained therein.