Borussia Dortmund GmbH & Co. KGaA: BVB-share - GSC Research recommends again 'Hold'

Borussia Dortmund GmbH & Co. KGaA  / Key word(s): Research Update

24.09.2010 12:31
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The GSC Research GmbH, Düsseldorf, has published a research update dated
September 24th, 2010, and has issued again an 'Hold' recommendation.

After the end of the recession the Bundeliga and Borussia Dortmund in
particular appears to be economically stable and healthy from a revenue
perspective. This evaluation leads to the increase of the share price
target by +0,08 EUR to 1,23 EUR. GSC Research thus renews its 'Hold'-
recommendation in this context. After the exit of some major shareholders
the considerable selling pressure which could be seen on some days in the
past should not have a further impact on the development of the share price
in the future.

For further information please see the column 'capital markets view' under
www.borussia-aktie.de. The complete Research Update can be downloaded from
www.gsc-research.de.

Dortmund, September 24th, 2010

Borussia Dortmund GmbH & Co. KGaA
Borussia Dortmund Geschäftsführungs-GmbH


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Language:     English
Company:      Borussia Dortmund GmbH & Co. KGaA
              Rheinlanddamm 207 - 209
              44139 Dortmund
              Deutschland
Phone:        0231/ 90 20 - 746
Fax:          0231/ 90 20 - 85746
E-mail:       [email protected]
Internet:     www.borussia-aktie.de
ISIN:         DE0005493092
WKN:          549309
Listed:       Regulierter Markt in Frankfurt (General Standard);
              Freiverkehr in Hamburg, München, Düsseldorf, Berlin,
              Stuttgart
 
End of Announcement                             DGAP News-Service
 
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