Stocks in Action: Renk, Nemetschek, Schott Pharma, Continental, and SFC Energy.
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Stock 1.) Renk - Defense specialist expands business with the acquisition of David Brown Defense, Jefferies confirms with Buy and target price of 70 Euros! As one of the leading manufacturers of gears, engines, and suspensions for tanks and tracked vehicles, Renk is currently benefiting significantly from the increasing defense expenditures of EU/NATO countries as well as the German Armed Forces. With the acquisition of the British David Brown Defense, they are further enhancing their market position in the marine segment, with the purchase...
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