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Analysts' Recommendations

Monitoring by Financial analysts

Publishing this information was authorised by a number of German and international financial analysts featuring Demag Cranes AG in their research coverage.

The list below shows, to the best of our knowledge, the main sell-side analysts covering Demag Cranes AG. We cannot give any assurance that this list includes all analyst reports available on the market.

Important note: This list is provided for information only and does not constitute a solicitation to buy, hold or sell securities.

Institut Analyst Recommendation Target Price /
*fair value
Date
Baader Bank Peter Rothenaicher Hold 45.50 € 20.07.2011
Berenberg Bank Stephan Klepp Sell 45.50 € 23.06.2011
CA Cheuvreux Hans-Joachim Heimbürger 3/UP 48.00 € 10.10.2011
Equinet Holger Schmidt Hold 45.50 € 06.09.2011
Hauck & Aufhäuser Thomas Wissler Sell 40.00 € 16.06.2011
NordLB Thomas Wybierek accept Tender Offer 45.50 € 28.06.2011
WestLB Achim Henke Neutral n/a 30.11.2011