Deutsche Rohstoff AG Sees Positive Outlook with Increased Target Price

First Berlin Equity Research has updated its assessment of Deutsche Rohstoff AG, maintaining a BUY recommendation and raising the target price from €86.00 to €139.00. The reason behind this adjustment is attributed to the company's preliminary 2025 revenue figures, which are 4.7% above forecasts, and an EBITDA 4.6% higher than expected. This performance was driven by a significant increase in the value of Deutsche Rohstoff AG's holdings in Almonty and improved oil pricing conditions.

The value of their 8.1% stake in Almonty surged by 49% due to the rise in Almonty's share price and an increase in the tungsten APT price. Moreover, higher oil futures prompted Deutsche Rohstoff AG to expand its drilling program for 2026, reflecting a strategic response to market conditions. This adjustment in operational activities underscores a proactive stance in optimizing growth opportunities.