DGAP-News: IBU-tec advanced materials AG: Warburg Research starts coverage of IBU-tec with recommendation to buy the share - price target at EUR 21.30
DGAP-News: IBU-tec advanced materials AG / Key word(s): Miscellaneous
IBU-tec advanced materials AG: Warburg Research starts coverage of IBU-tec with recommendation to buy the share - price target at EUR 21.30
The current research report highlights battery materials as growth drivers and forecasts that demand in this area will remain high. IBU-tec's new site in the Chemiepark Bitterfeld was also viewed positively - particularly as a result of the expansion to the production capacity and the range of production to handle a larger variety of new compounds and the possibility of higher-volume production for customers. Warburg also refers to the expansion of the product portfolio and synergy potential from the acquisition of BNT Chemicals.
The research report of Warburg Research, a subsidiary of M.M.Warburg & CO, is available in the Investor Relations section of IBU-tec's website under https://www.ibu-tec.com/investor-relations/financial-reports/reports-from-external-analysts/.
IBU-tec uses its broad, international customer base to address global mega-trends, such as green mobility (eMobility and automotive catalytic converters), the green economy (including construction materials with reduced CO2, rare earths, stationary energy storage) and medical technology (including artificial joints and dental replacements). IBU-tec's market success is based on its own technology platform which can be used flexibly, its unique, patent-protected processes and the end-to-end expertise of its total of around 235 employees.
You can find more information at www.ibu-tec.de.
IBU-tec advanced Materials AG Max Narr Hainweg 9-11 99425 Weimar Tel. +49 (0) 151 67955683 E-mail: email@example.com
10.12.2018 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
|Company:||IBU-tec advanced materials AG|
|Phone:||+49 (0)3643 - 8649-0|
|Fax:||+49 (0)3643 - 8649-30|
|Listed:||Regulated Unofficial Market in Frankfurt (Scale), Tradegate Exchange|
|End of News||DGAP News Service|