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Montega Reiterates Buy on AMAG With EUR 35 Price Target
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Montega Reiterates Buy on AMAG With EUR 35 Price Target
  • Montega reiterated its Buy rating on AMAG on Nov. 3, 2026, maintaining a 12-month price target of EUR 35.
  • The firm raised its 2026 EBITDA forecast toward the upper end of EUR 200 million–220 million guidance, above EUR 210 million consensus.
  • Third-quarter EBITDA surged 139.5% to EUR 80.3 million, the second-highest quarterly result in company history.
  • Revenue rose 34.7% to EUR 472.7 million, supported by higher aluminum prices and stronger sales volumes.


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. AMAG - Austria Metall AG published the original content used to generate this news brief via EQS News (Ref. ID: rc_27292) on November 03, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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