Hensoldt Shares Dip on Ukraine War Impact, Analysts Split on Future
US President Donald Trump's stance on the Ukraine war has had rippling effects, influencing defense industry stocks like Hensoldt. The company's shares experienced a dip on the first trading day of October, falling from 111.30 euros to 107.80 euros. Analysts have varying opinions on the stock's future, with most considering it overvalued.
On the first day of October, Hensoldt shares took a dip, closing at 107.80 euros after starting the day at 111.30 euros. The following day, the stock rebounded, trading briefly above 109 euros. Analysts' opinions on Hensoldt's shares are divided. Only one out of four analysts sees further upside for the shares. JP Morgan maintains a price target of 120.00 euros, while Warburg Research has consistently set a target of 88.00 euros over the past two months. Barclays and Jefferies also have lower targets, at 88.00 euros and 92 euros respectively. The average price target based on six current analyses is 102.60 euros. An unidentified institution previously rated Hensoldt 'Overweight' with a price target of 120 euros on August 20, 2021.
Hensoldt shares experienced a brief decline and subsequent recovery following the first trading day of October. Analysts' views on the stock's future vary, with most considering it overvalued. The average price target stands at 102.60 euros, reflecting a mix of bullish and bearish sentiments.
