GBC AG

FinTech Group AG

01.06.2016 - Equity Research Einzelstudie // kaufen

GBC Research Comment – Fintech Group AG - english

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Unternehmen: FinTech Group AG
ISIN: DE0005249601
Branche: Dienstleistungen
Rating: kaufen
Kurs bei Erstellung in €: 15,75
Kursziel in €: 26,85
Mögl. Interessenskonflikt gem. §34b Abs.1 WpHG und FinAnv: 5a;6a;11

We have the impression that FinTech Group AG is on schedule to reach the guid-ance for FY2016, planning an EBITDA of € 30-35m. Therefore we confirm our cur-rent estimates for FY2016, expecting an EBITDA of € 31.00m. Also we reconfirm our target price of € 26.85 as well as the rating BUY. We will publish a more de-tailed research report as soon as the full annual report 2015 is published by the end of June. According to the successful development of the company during the past quarters as well as the good prospects we already today assume to raise the current target price of € 26.85 by then.

 

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