INVESTMENT UPDATE 20. May 2019 - WIRECARD
- The Wirecard shares today received a further upgrade, this time from Deutsche Bank, with a "buy" and price target of € 200.
- What is striking is that despite the short attack and the subsequent brief slump of around 50%, Wirecard outperformed the DAX index by around 20 percentage points in the 12-month period.
- We continue to maintain our (conservative) price target of €180 (provided, of course, that the allegations are untrue).
- Wirecard continues to be the largest position in the Real Financial Dynamics-Wikifolio with a share of 13%.
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