FRANKFURT (dpa-AFX Broker) - Deutsche Bank Research has reinstated a "Buy" rating on Vitesco with a target price of 102.60 euros. In view of the upcoming merger, analyst Christoph Laskawi bases his model for Vitesco shares on the exchange ratio into Schaeffler shares in a study published on Wednesday. In the run-up to this, a buy recommendation is appropriate in line with Schaeffler - also because of the upside potential that both companies promise together. Vitesco is a leading player in the field of powertrain electrification./tih/bek

Publication of the original study: 05.06.2024 / 08:14 / CET

First disclosure of the original study: Date not specified in study / Time not specified in study / CET

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