Analysts see DEUTZ on a Compelling Growth Path and Reward it With Numerous Price Target Increases

DEUTZ receives renewed analyst support. It is a manufacturer of drive systems, particularly for off-highway applications in the power range up to 620 kW. The company develops, produces, and sells diesel, gas, hydrogen, and electrified engines. DEUTZ reported on Thursday that it had increased revenue by 15% to €1.01 billion in the first half of the year and raised order intake by 30.7% to €1.03 billion – despite declining sales. The drivers were price increases, acquisitions such as Blue Star Power Systems and HJS Emission Technology, and...