
Hochtief AG / Analyst ratings
Price targets
Analyst ratings
1 analysts rated this company in the past 90 days. The average target price is €163.00, this is a change of -36.8% compared to the current price.
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Jefferies maintains Hochtief's 'Hold' rating - target 163 euros
NEW YORK (dpa-AFX Analyst) - The analyst firm Jefferies has maintained a "Hold" rating on Hochtief with a price target of €163. Graham Hunt examined the business prospects of European infrastructure companies in an industry assessment published Tuesday. Shares of the construction company and its parent company ACS have benefited significantly from positive trends in the US and Europe since the beginning of the year. Hunt cited the increasing momentum in the areas of AI infrastructure and data centers, as well as the €500 billion German infrastructure program. However, the valuations already appeared appropriate, although he continued to prefer Hochtief over ACS./gl/ag
Publication of the original study: September 1, 2025 / 8:21 PM / ET. First distribution of the original study: September 1, 2025 / 8:21 PM / ET.
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Jefferies maintains Hochtief's 'Hold' rating - target 163 euros
NEW YORK (dpa-AFX Analyst) - The analyst firm Jefferies has maintained its "Hold" rating for Hochtief with a price target of €163. Analyst Graham Hunt highlighted the increasing order momentum on Wednesday following the conference call on the interim report – especially in the profitable data center business./rob/ag/mis
Publication of the original study: July 23, 2025 / 7:08 p.m. / Time zone not specified in the study
First distribution of the original study: July 23, 2025 / 7:08 p.m. / Time zone not specified in the study
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Jefferies maintains Hochtief's 'Hold' rating - target 163 euros
NEW YORK (dpa-AFX Analyst) - The analyst firm Jefferies has maintained its "Hold" rating for Hochtief with a price target of €163. The development of cash and earnings is better than expected, wrote Graham Hunt on Wednesday following the construction company's quarterly results. Hunt cited another strong quarter with another strong order intake. As expected, the outlook remains unchanged, but now appears conservative. The stock has performed strongly this year. However, this should not worry investors, as the construction of data centers is further fueling growth./rob/ajx/he
Publication of the original study: July 23, 2025 / 9:52 a.m. / Time zone not specified in the study. First distribution of the original study: July 23, 2025 / 9:52 a.m. / Time zone not specified in the study.
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Jefferies maintains Hochtief's 'Hold' rating - target 163 euros
NEW YORK (dpa-AFX Analyst) - The analyst firm Jefferies has maintained a "Hold" rating on Hochtief with a price target of €163. His estimates for the construction group's quarterly figures are above consensus forecasts for pre-tax profit, but below consensus forecasts for net profit, Graham Hunt wrote in his outlook published on Monday. He expects a strong quarter overall and a confirmation of the annual targets. The company should continue to benefit from positive business trends. The significant price increase since the beginning of the year, however, leaves little room for disappointment./rob/gl/ajx
Publication of the original study: July 21, 2025 / 4:53 a.m. / Time zone not specified in the study. First distribution of the original study: July 21, 2025 / 4:53 a.m. / Time zone not specified in the study.
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Jefferies raises target for Hochtief to 163 euros - 'Hold'
NEW YORK (dpa-AFX Analyst) - Research firm Jefferies raised its price target for Hochtief from €153 to €163, but maintained its "Hold" rating. Strong demand trends are likely to shape the second-quarter report on July 23, analyst Graham Hunt wrote in his outlook on Wednesday. It raised its estimates for its US subsidiary Turner, meaning the construction group should be well on track to achieve its annual targets despite currency headwinds./ag/zb
Publication of the original study: July 16, 2025 / 1:07 p.m. / ET
First distribution of the original study: July 16, 2025 / 7:01 p.m. / ET
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Jefferies maintains Hochtief at 'Hold' - target 153 euros
NEW YORK (dpa-AFX Analyst) - The research firm Jefferies has maintained its "Hold" rating for Hochtief with a price target of €153. A team of authors led by analyst Glynis Johnson examined current developments in construction demand in an industry assessment published Friday. Confidence is rising in Germany, there are signs of life in France, and the situation is stable in Great Britain. Housing construction in the United States continues to be sluggish./tih/ag
Publication of the original study: June 12, 2025 / 1:40 PM / ET
First distribution of the original study: June 12, 2025 / 7:00 PM / ET
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Jefferies lowers target for Hochtief to 153 euros - 'Hold'
NEW YORK (dpa-AFX Analyst) - Research firm Jefferies lowered its price target for Hochtief from €158 to €153 ahead of its quarterly results and maintained its "Hold" rating. The construction services provider is expected to post solid overall performance, analyst Graham Hunt wrote in an outlook released Monday. However, due to negative currency effects, he has reduced his forecasts for 2025 and 2026./edh/he
Publication of the original study: May 5, 2025 / 9:33 a.m. / ET First distribution of the original study: May 5, 2025 / 12:00 p.m. / ET
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Jefferies maintains Hochtief's 'Hold' rating - target 158 euros
NEW YORK (dpa-AFX Analyst) - Research firm Jefferies has maintained its "Hold" rating for Hochtief with a price target of €158. In an overall market unsettled and highly volatile by the US tariff conflict, infrastructure stocks offer defensive, inflation-linked cash flows, analyst Graham Hunt wrote in an industry report released Monday. Regarding companies with a stronger European focus, he prefers Eiffage and Vinci. Should interest rates fall, companies like Ferrovial and Cellnex would be good choices. Stocks more focused on the US construction market, such as Hochtief and ACS, appeared rather risky./mis/nas
Publication of the original study: April 4, 2025 / 12:13 PM / ET
First distribution of the original study: April 4, 2025 / 12:13 PM / ET
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Jefferies lowers Hochtief to 'Hold' - target raised to 158 euros
NEW YORK (dpa-AFX Analyst) - While the research firm Jefferies slightly raised its price target for Hochtief from €156 to €158, it downgraded the shares from "Buy" to "Hold." The construction company's shares have gained over 20 percent this year, despite generating only 3 percent in Germany and about 50 percent in the US, analyst Graham Hunt wrote in his reassessment of the industry published Monday. Companies with a focus on Europe, such as Balfour Beatty and Eiffage, offer better opportunities and continue to demonstrate attractive free cash flow yields./ag/gl
Publication of the original study: March 28, 2025 / 6:17 p.m. / ET. First distribution of the original study: March 30, 2025 / 5:00 a.m. / ET
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Jefferies maintains Hochtief's 'Buy' rating - target 156 euros
NEW YORK (dpa-AFX Analyst) - Following a conference held by the analyst firm, Jefferies maintained its rating for Hochtief at "Buy" with a price target of €156. The general tone among the construction companies represented was optimistic, wrote analyst Graham Hunt in an assessment released Friday. There were no signs of a slowdown in growth in the US, and the growing demand for infrastructure in Europe was commented on positively. While it will take some time for the details of the planned multi-billion euro infrastructure spending in Germany to emerge, they are seen as positive for pricing and profitability./la/mis
Publication of the original study: March 27, 2025 / 7:42 PM / ET. First distribution of the original study: March 27, 2025 / 8:00 PM / ET
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Jefferies maintains Hochtief's 'Buy' rating - target 156 euros
NEW YORK (dpa-AFX Analyst) - Following the release of its annual results, analyst Jefferies maintained its "Buy" rating for Hochtief with a price target of €156. The construction group significantly exceeded expectations, analyst Graham Hunt wrote in a report published Wednesday. The forecast for adjusted net income for 2025 is slightly below market expectations. However, the company typically set conservative targets./la/ajx
Publication of the original study: February 19, 2025 / 9:16 a.m. / ET First distribution of the original study: February 19, 2025 / 9:16 a.m. / ET
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Jefferies raises target for Hochtief to 156 euros - 'Buy'
NEW YORK (dpa-AFX Analyst) - Research firm Jefferies raised its price target for Hochtief from €138 to €156 and maintained its "Buy" rating. The infrastructure sector is performing well, is largely unaffected by tariffs, and is also benefiting from investments in AI and energy, wrote analyst Graham Hunt in his outlook for the reporting season published on Tuesday. He considers the US environment more attractive given the anti-regulation stance, while he remains very selective in Europe./ag/tav
Publication of the original study: February 3, 2025 / 5:02 PM / ET
First distribution of the original study: February 3, 2025 / 5:02 PM / ET
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Jefferies raises target for Hochtief to 138 euros - 'Buy'
NEW YORK (dpa-AFX Analyst) - Research firm Jefferies raised its price target for Hochtief from €135 to €138 and maintained its "Buy" rating. Analyst Graham Hunt adjusted his estimates in his commentary published Friday based on the quarterly results and also included expectations for parent company ACS in the coming week. He sees Hochtief well positioned to meet global demand for data centers./ag/tih
Publication of the original study: November 8, 2024 / 3:23 a.m. / ET
First distribution of the original study: November 8, 2024 / 3:23 a.m. / ET
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Jefferies maintains Hochtief's 'Buy' rating - target 135 euros
NEW YORK (dpa-AFX Analyst) - The analyst firm Jefferies has maintained its rating for Hochtief at "Buy" with a price target of €135. The construction company performed slightly better than expected in the third quarter, analyst Graham Hunt wrote on Thursday after the release of the results. The US business continues to drive growth./ajx/jha/
Publication of the original study: November 7, 2024 / 9:52 a.m. / ET First distribution of the original study: November 7, 2024 / 9:52 a.m. / ET
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Barclays lowers Hochtief to 'Equal Weight' - target 121 euros
LONDON (dpa-AFX Analyst) - British investment bank Barclays has downgraded the shares of construction group Hochtief from "Overweight" to "Equal Weight" and maintained its price target at €121. Analyst Tom Zhang made the same downgrade for the shares of parent company ACS in a study published Friday, maintaining a price target of €42. Thanks to good quarterly figures and some significant orders, both stocks have risen sharply in recent weeks, making valuations now appear reasonable, the statement explains./gl/mis
Publication of the original study: August 29, 2024 / 7:24 PM / GMT. First distribution of the original study: August 30, 2024 / 3:00 AM / GMT
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Barclays maintains Hochtief's 'Overweight' rating - target 121 euros
LONDON (dpa-AFX Analyst) - British investment bank Barclays has maintained its rating for Hochtief at "Overweight" with a price target of €121. The fact that the Texas state suspended negotiations on the SH-288 toll road project and opted for early termination of the concession agreement was negative but expected, wrote analyst Marco Limite in a study published Monday. He does not expect any major losses for Hochtief's parent company ACS, which holds a roughly 43 percent stake in the project./ck/edh
Publication of the original study: August 25, 2024 / 3:53 PM / GMT
First distribution of the original study: August 25, 2024 / 3:54 PM / GMT
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Jefferies raises target for Hochtief to 134 euros - 'Buy'
NEW YORK (dpa-AFX Analyser) - The analyst firm Jefferies has raised the price target for Hochtief from 124 to 134 euros and left the rating at "Buy". CEO Juan Santamaria has so far succeeded in turning the construction services provider into a cash machine that is fully focused on exploiting margin-enhancing opportunities in advanced technologies such as data centers and semiconductors, wrote analyst Graham Hunt in a study published Wednesday./edh/he
Publication of the original study: August 21, 2024 / 2:35 p.m. / ET First distribution of the original study: August 21, 2024 / 2:35 p.m. / ET
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.