Mwb research AG Reiterates 'Buy' Rating for CGRE AG, Target Price at EUR 15.00

mwb research AG has reaffirmed its 'Buy' recommendation for CGRE AG shares, setting a target price at EUR 15.00. The update highlights CGRE AG's successful implementation of structural measures and solid progress in the German real estate stock market. The company is becoming a notable player following a reverse merger.

CGRE AG will debut at the EXPO REAL 2024 trade fair in Munich as a partner of the Berlin-Brandenburg capital region stand. This event marks another step in CGRE AG's strategy to present its competitive edge in planning, construction, and land resources.

Jürgen Kutz, executive board member, reiterated the company's commitment to its realigned business model, emphasizing attractive investment opportunities for institutional investors and family offices. Ronald Pofalla highlighted CGRE AG's capability to capture the entire value creation chain, a unique selling point in the German property market.

For more details, the latest mwb research AG report can be found on CGRE AG's corporate website in the 'Investor Relations' section.