HAMBURG - Private bank Berenberg has raised its price target for Renk DE000RENK730 from 72 to 84 euros and left the rating at "Buy".

Momentum is increasing, wrote George McWhirter in his commentary on the tank transmission manufacturer published Tuesday. He examined orders from the Vehicle Mobility Solutions (VMS) division, along with service contracts. The expert sees the quarterly figures on August 13 as the next price driver. He raised his price target primarily due to the increased sector valuation./rob/ag/gl

Publication of the original study: 21.07.2025 / 16:58 / GMT First distribution of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study

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