RENK Group Watchlist

Stocks in Action: Renk Group, ING Group, CeWe Stiftung, Volkswagen, Jungheinrich

M. Springman
Reading Time: 4 minutes

Stock 1.) Renk Group - Rising Defense Spending Boosts Momentum, LBBW Raises Price Target to €50 and Confirms Buy! On Thursday, Renk is in focus. LBBW has reaffirmed its rating as "Buy" and significantly raised the price target from €29 to €50. The defense contractor is considered one of the leading suppliers of propulsion systems for tanks and also provides components such as hybrid drives, suspension systems, plain bearings, couplings, and testing systems for military vehicles. Therefore, Renk can reasonably hope for further major contracts,...

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