Analysts are raising the price target for these stocks

Dusseldorf Prices on the German stock market are rising, but many investors remain skeptical. Analyst Markus Reinwand from Landesbank Hessen-Thüringen (Helaba) explains: “The majority of market participants are pessimistic about the coming six months.”

However, this skepticism is not shared by all the experts who are closest to the company: Since the beginning of the year, analysts have increased their price targets for 58 of the 90 companies listed in the leading index Dax and second-tier index MDax. This shows an evaluation of the Handelsblatt based on data from the financial service Refinitiv.

For four stocks, the analysts even increased their price targets by at least 30 percent. In doing so, they not only adjusted their forecasts to the prices that had already risen, but also raised them above the current level – in some cases significantly. So you see further upside potential.