According to analysts, it will be more difficult for the Dax in the short term, but it has potential in the long term.
(Photo: ddp)
Frankfurt Joachim Schallmayer is brave. For September next year, the leading capital market strategist at Dekabank announces the 17,000 point mark as a target price for the Dax. Main reason: “Companies benefit from the high rate of growth and can convert the greater growth into increasing profits.”
This makes Schallmayer the most optimistic of the five stock market experts at public banks that the Federal Association of Public Banks (VÖB) regularly asks about their Dax forecasts. The other houses are a little more cautious, but: They also assume that the Dax will be higher in twelve months than it is now.
The forecasts of the other banks surveyed by VÖB range from 15,700 points at Helaba to 16,500 points at Landesbank Baden-Württemberg (LBBW). The Dax is currently around 15,400 points from its all-time high of 16,030 points reached in August by around four percent.
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