Goldman Sachs Boosts RENK Group Stock to Buy, Sees 65 Euro Price Target
RENK Group AG's stock has seen an increase in value following Goldman Sachs' decision to upgrade its rating from Neutral to Buy. This change occurred on September 18, 2026.
The investment firm set a price target of 65 euros for RENK Group shares, which represents over 60 percent upside from the recent price of approximately 40.04 euros.
Goldman Sachs analyst Sam Burgess highlighted that the recent pullback in share price offers an attractive entry point and pointed to RENK's visible earnings growth in its defense-focused transmission business as a key factor supporting this decision.