NuWays cuts 029 Group to Sell, keeps price target at EUR 25

Bitget2026/10/06 07:00

NuWays cut its rating on 029 Group to SELL from HOLD, citing valuation; target price stayed at EUR 25. The report confirmed management’s outlook for 0% to +10% NAV growth. H1 net loss was EUR 0.23 million, broadly flat year on year. NuWays estimated the shares trade about 64% above its fair NAV, implying roughly 40% downside to target. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 029 Group SE published the original content used to generate this news brief via EQS News (Ref. ID: rc_26986) on October 06, 2026, and is solely responsible for the information contained therein.

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NuWays cut its rating on 029 Group to SELL from HOLD, citing valuation; target price stayed at EUR 25.
The report confirmed management’s outlook for 0% to +10% NAV growth.
H1 net loss was EUR 0.23 million, broadly flat year on year.
NuWays estimated the shares trade about 64% above its fair NAV, implying roughly 40% downside to target.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 029 Group SE published the original content used to generate this news brief via EQS News (Ref. ID: rc_26986) on October 06, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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