Montega raises CEWE price target to EUR 147, keeps buy rating

Reuters2026/07/16 14:02

By:Reuters

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Montega reiterated a Buy on CEWE, lifting its 12-month target price to EUR 147 from EUR 140.
Report flagged CEWE’s agreed carve-out purchase of Kodak Alaris’ KODAK MOMENTS Retail Photo Solutions for about EUR 88 million enterprise value.
Example closing price implied about EUR 72 million cash outflow based on March 31, 2026 net debt, working capital adjustments; closing expected in H1 2027.
Montega expects a mid-single-digit EBIT margin from 2027, modeling 5% or about EUR 10 million EBIT; EV/EBIT seen at 8.8x.
Deal adds about EUR 200 million revenue, expands reach into the US, Canada, Mexico, Australia; adds about 37,000 photo kiosks.

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. CEWE Stiftung & Co. KGaA published the original content used to generate this news brief via EQS News (Ref. ID: rc_26198) on July 16, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Montega raises CEWE price target to EUR 147, keeps buy rating

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