EQS Group AG was already able to achieve some successes in the first half of 2021. Demand for the Munich-based company’s cloud-based software (COCKPIT), which enables customers to meet complex compliance requirements, minimize risks and communicate transparently, is also extremely high this year. In addition, Business Keeper could be taken over. This will allow EQS to grow even faster than previously thought. Analysts have already adjusted their estimates and targets.
EQS itself now expects sales of EUR 49 million to EUR 53 million in 2021 (previously: EUR 45 million to EUR 49 million). Analysts therefore see the share at a fair valuation of EUR 45.18 on average. The targets among the five buy recommendations range from EUR 39 (Stifel) to EUR 50 (Quirin Privatbank).
