Silvia Quandt initiates research coverage of BVB share with a neutral recommendation and a target price of 2.90 EUR
DGAP-News: Borussia Dortmund GmbH & Co. KGaA / Key word(s): Research Update Silvia Quandt initiates research coverage of BVB share with a neutral recommendation and a target price of 2.90 EUR
10.02.2012 / 10:09
Silvia Quandt Research GmbH, Frankfurt a.M., initiates research coverage of BVB share according to its latest research study dated February 7th, 2012 with a neutral recommendation and a target price of 2.90 EUR.
Borussia Dortmund has learned from mistakes in the past and reported excellent results for the fiscal year 2010/2011. With a solid strategy in financial terms Borussia Dortmund is on the way to becoming one of the dominating clubs of the German Bundesliga. The target price of 2.90 EUR is based on a combination of a peer group and discounted cash flow (DCF) model and shows a upside price potential of 7%.
For further information please see the column 'capital markets view' under www.borussia-aktie.de.
Dortmund, February 10th, 2012
Borussia Dortmund GmbH & Co. KGaA Borussia Dortmund Geschäftsführungs-GmbH
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