RENK Group AG (ETR:R3NK) Releases Third-Quarter Results; Analysts Update Forecasts
RENK Group's Earnings Report: RENK Group AG reported third-quarter earnings in line with analyst expectations, achieving revenues of €308m and earnings per share of €0.53, indicating solid business execution.
Future Revenue Forecasts: Analysts forecast RENK Group's revenues to reach €1.60b by 2026, reflecting a 24% increase, while earnings per share are expected to rise by 54% to €1.56, with no significant changes to previous estimates.
Price Target Stability: The consensus price target for RENK Group remains steady at €69.80, with analysts showing varying opinions on valuation, ranging from €55.00 to €90.00 per share.
Industry Comparison: RENK Group is projected to grow at an annualized rate of 19% through 2026, outpacing the broader industry growth estimate of 5.8%, suggesting a strong long-term outlook despite identified investment risks.
About the author









