BankM AG Reiterates Buy on Datron AG With €13.13 Price Target
BankM AG has maintained a "Buy" rating on Datron AG, setting a 12-month price target of €13.13 following the company's Q3 report. Order intake for the first nine months reached €46.88 million, exceeding revenue of €43.25 million. For Q4, revenue and order intake are projected between €16 million and €19 million, positively impacting earnings. Datron's current price-to-earnings ratio is below 11 based on estimated 2026 earnings, which BankM views as an attractive valuation compared to peers.