Bull case highlights
- 🛡️ 3,500 tanks for Germany by the end of 2025 👉 RENK supplies propulsion systems
- 🔹 Estimated volume: 25 billion €.
- 📈 EPS growth secured thanks to defense budget
- 🔹 2025: 1,40 € → 2027: 2,27 €
- ⚠️ Customs risks as a trigger: In the event of escalation (30% tariffs from 1 August), funds rotate into defensive stocks
- 🌍 Trump risk: NATO withdrawal? Defense stocks could benefit massively
🧠 Analyst boost & newsflow
- ✅ 14.07.2025: 🧾 Kepler with "Buy" - Target: € 85
- ✅ 09.07.2025: ⭐ JPMorgan calls RENK a top pick with target € 90
- ✅ 08.07.2025: 📢 News: 🇩🇪 Germany plans major tank order
- ✅ 19.05.2025: 📊 Berenberg raises target from € 54.50 to € 72
- ✅ 16.05.2025: 🚀 JPM doubles Target to 70 €, downgrades to "overweight"
- ✅ 11.02.2025: 💼 KNDS increases stake to 18.3 % / 18.3 million shares
📉 Technical situation
- ✅ Current share price: € 71.91 🟢 near high
- 📊 Breakout zone: € 73+
- 🎯 Targets with positive development: 80-85 €, possibly quickly 90 €
- 🔍 Strong volume candles around news - buyers active
🧭 Conclusion & setup
💥 RENK has it all: political fantasy, strong figures, analyst fire and geopolitical tailwind.
📌 Watchlist play with momentum opportunity
📎 Trigger level: >73 €
🎯 Target range: 80 - 90 €
🛑 Hedging below € 66 (gap close)
