Varta AG

VAR1

DE000A0TGJ55

Electrical Components & Equipment

Market Closed - Xetra Other stock markets 09:06:12 27/06/2024 pm IST			After market 01:28:00 am
8.785 ^EUR	+0.86%		8.865	+0.91%

21/06	Market Update-Wall Street expected in the red, Europe pulls back as PMIs and the dollar rise	RE
21/06	Warburg Research rates Varta at 'Sell' - Target 8 euros	DP

VARTA : Receives a Sell rating from Warburg Research

June 21, 2024 at 01:26 pm IST

Robert-Jan van der Horst from Warburg Research retains his negative opinion on the stock with a Sell rating. The target price remains set at EUR 8.

Latest news about Varta AG

Market Update-Wall Street expected in the red, Europe pulls back as PMIs and the dollar rise	21/06	RE
Warburg Research rates Varta at 'Sell' - Target 8 euros	21/06	DP
VARTA : Receives a Sell rating from Warburg Research	21/06	ZD
Varta down double digits after sales forecast cut	21/06	DP
Varta cuts sales target due to weak demand - share price plummets	21/06	DP
Downturn in Europe ahead of Eurozone PMIs	21/06	RE
German battery maker Varta cuts 2024 revenue forecast	21/06	RE
Battery group Varta cuts sales target due to weak demand	21/06	DP
Varta AG(XTRA:VAR1) dropped from Germany SDAX (Total Return) Index	09/05	CI
Germany's Varta Names New CEO	07/05	MT
INDEX-MONITOR/Because of hacker attack: Varta dropped from SDax - successor Renk	07/05	DP
Michael Ostermann becomes new Varta CEO	06/05	DP
Varta AG Announces Board Changes	06/05	CI
Varta AG Announces CEO Changes	06/05	CI
Warburg Research lowers target for Varta to 8 euros - 'Sell'	15/04	DP
VARTA : Receives a Sell rating from Warburg Research	15/04	ZD
Varta remains in downward spiral	15/04	DP
VARTA : DZ Bank reiterates its Sell rating	12/04	ZD
Global markets live: BP, Apple, Vodafone, Ford, Lockheed Martin...	12/04
Crisis at battery manufacturer Varta worsens - share price plummets	12/04	DP
Varta restructuring falls short - shareholders spooked	12/04	RE
Varta investors throw in the towel - Group needs help again	12/04	DP
Varta's restructuring woes send shares down 30%	12/04	RE
STOXX 600 climbs over 1% on rate-cut optimism	12/04	RE
Blue-chips power European stocks higher on rate cut hopes	12/04	RE

Varta AG is a Germany-based company, that manufactures and markets a wide range of industrial, commercial, and miniaturized batteries for equipment and devices. The Company offers lithium-ion batteries for hearing aids, cameras, telephones, toys, watches, wearables, and headphones. Varta serves micro battery sectors worldwide. The Company's activity also include management of own assets, in particular the sale and liquidation of individual assets, contracts, liabilities and shareholdings relating to the business areas previously managed by the Company itself and its subsidiaries, including the administration of assets acquired or held in this respect.

Sector

Electrical Components & Equipment

Calendar

12/08/2024 - Q2 2024 Earnings Release

More about the company

Income Statement Evolution

More financial data

Ratings for Varta AG

Trading Rating

Investor Rating

ESG Refinitiv

B-

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

UNDERPERFORM

Number of Analysts

Last Close Price

8.71 EUR

Average target price

15.32 EUR

Spread / Average Target

+75.89%

Consensus

EPS Revisions

Estimates Revisions

Quarterly revenue - Rate of surprise

Company calendar

Sector Batteries & Uninterruptable Power Supplies

	1st Jan change	Capi.
VARTA AG	-57.66%	397M
CATL (CONTEMPORARY AMPEREX TECHNOLOGY)	+13.32%	112B
LG ENERGY SOLUTION, LTD.	-23.27%	55.65B
TDK CORPORATION	+47.00%	23.14B
SAMSUNG SDI CO., LTD.	-23.52%	17.58B
ECOPRO BM. CO., LTD.	-38.19%	12.52B
EVE ENERGY CO., LTD.	-2.61%	11.55B
VOLTRONIC POWER TECHNOLOGY CORP.	+6.43%	4.9B
ENERSYS	+2.65%	4.09B
SUNWODA ELECTRONIC CO.,LTD	-0.07%	3.82B

Batteries & Uninterruptable Power Supplies

Varta AG

Equities

VAR1

DE000A0TGJ55

Electrical Components & Equipment

VARTA : Receives a Sell rating from Warburg Research

Latest news about Varta AG

Chart Varta AG

Company Profile

Income Statement Evolution

Ratings for Varta AG

Analysts' Consensus

EPS Revisions

Quarterly revenue - Rate of surprise

Sector Batteries & Uninterruptable Power Supplies