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Montega reiterates buy on UBM Development, sets EUR 28 price target

PUBT·09/02/2026 12:52:39
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Montega reiterates buy on UBM Development, sets EUR 28 price target
  • Montega reiterated a Buy rating on UBM Development, keeping a 12-month target price of EUR 28.
  • H1 revenue rose 36.2% to EUR 81.2 million; total output increased 28.2% to EUR 179.9 million.
  • Results moved above break-even, supported by EUR 9.1 million of fair value gains in the investment portfolio.
  • Management maintained no guidance, citing interest-rate uncertainty; large asset disposals could materially swing reported figures.
  • Non-strategic sales released EUR 21 million cash; net debt excluding hybrid capital fell 13.1% YoY; equity ratio rose to 36.6%.


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. UBM Development AG published the original content used to generate this news brief via EQS News (Ref. ID: rc_26706) on September 02, 2026, and is solely responsible for the information contained therein.