Analyst Reports

The following list includes banks and institutions that produce reports about Aragon AG on a regular basis. The list does not claim to be comprehensive. It only contains the companies with which Aragon maintains regular contact.

If you need further informations or details please contact Mr. Ralf Funke, Investor Relations, under +49 (0)611 89 05 75-0 – he’ll be glad to help.

Company Analyst Date Title Price target (EUR) Rating
SES Research Torsten Klingner 31.08.2010 2Q10 figures 13.50 Hold
SRC Research André Hüsemann 01.09.2010 Interim Report of Aragon AG 16.00 Buy
Silvia Quandt Ralf Groenemeyer 01.09.2010 2Q10 figures 17.45 Buy
SES Research Torsten Klingner 23.08.2010 Entering mass affluent market 13.50 Hold
SRC Research André Hüsemann 23.08.2010 Rating Update 16.00 Buy
Der Aktionär 20.08.2010 Aragon - portfolio grows 20.00 Buy
Silvia Quandt Ralf Groenemeyer 18.08.2010 New acquisition 17.45 Buy
Der Börsendienst 09.06.2010 Q1 results 2010 15.00 Buy
SRC Research André Hüsemann 01.06.2010 Q1 results 2010 14.00 Buy
Silvia Quandt Ralf Groenemeyer 02.06.2010 Q1 results 2010 13.40 Buy
Hauck & Aufhäuser Tim Wunderlich 31.05.2010 Release of Q1 2010 13.50 Buy
SES Research Torsten Klingner 31.05.2010 Q1 2010 11.00 Hold
Silvia Quandt Ralf Groenemeyer 20.04.2010 Update 13.10 Buy
SRC Research André Hüsemann 30.03.2010 Update 13.00 Buy
SES Research Torsten Klingner 30.03.2010 Final figures, unspecific outlook 11.00 Buy
SRC Research Stefan Scharff 16.02.2010 Rating 13.00 Buy
Hauck & Aufhäuser Tim Wunderlich 10.02.2010 Roadshow 13.50 Buy
Der Börsendienst 13.1.2010 Rating 13.00 Buy
Hauck & Aufhäuser Tim Wunderlich 7.12.2009 Update 13.50 Buy
SES Research Torsten Klingner 4.12.2009 Update 11.00 Buy
Silvia Quandt Ralf Groenemeyer 4.12.2009 Update 13.30 Buy
UniCredit Bernd Müller-Gerberding 01.12.2009 Update 11.00 Hold
SRC Research Stefan Scharff 14.08.2009 Aragon after release of two transactions 15.00 Buy
SRC Research Stefan Scharff 14.08.2009 Aragon after release of two transactions 15.00 Buy
SES Research Torsten Klingner 13.08.2009 "expansion in Austria" 11.80 Buy
SQ Research Ralf Groenemeyer 15.06.2009 Aragon AG - Capital increase 15.00 Buy
SES Research Torsten Klingner 13.06.2009 Update 11.20 Buy
SRC Research André Hüsemann 12.06.2009 Update after capital increase announcement 15.00 Buy
SES Research Torsten Klingner 02.06.2009 Q1-difficult market environment leaves its marks 11.50 Hold
SRC Research André Hüsemann 28.05.2009 Update 20.00 Buy
UniCredit Bernd Müller-Gerberding 19.05.2009 Q1 Preview: closed-end fund burden 10.00 Hold
SRC Research André Hüsemann 06.03.2009 Update 20.00 Buy
UniCredit Bernd Müller-Gerberding 20.11.2008 Growth interrupted 15.00 Hold
Dresdner Kleinwort Georg Remshagen 11.09.2008 Axa acquires a 25.01% stake in Aragon 30,00 buy
SRC Research Andre Hüsemann 03.09.2008 SRC Research confirms Target of 30 Euros for Aragon after 1H numbers 30,00 accumulate
Siliva Quandt Research GmbH Ralf Grönemeyer 15.07.2008 Aragon AG - The last target remaining 40.00 buy
HSBC Trinkhaus Jesko Mayer-Wegelin 01.07.2008 Aragon sells 15% of its banking subsidiary biw bank 30.00 overweight
Kepler Equities Robert Hörberg 01.07.2008 Aragon sells 15% stake in biw bank 28.00 buy
SRC Research André Hüsemann 30.05.2008 Thumbs up for 2008 - Numbers in-line, we confirm our Buy-rating! 30.00 buy
First Berlin Research Simon Scholes 02.04.2008 Strong growth at low multiples 35.00 buy
SRC Research André Hüsemann 01.04.2008 Aragon announced very convincing figures - even in a weak sentiment - still Buy-rating! 30.00 buy
SRC Research André Hüsemann 07.03.2008 A lot of success factors under one roof 36.00 buy
Dresdner Kleinwort Andreas Riemann 14.01.2008 Boosting its distribution power 37.00 buy
SRC Research André Hüsemann 18.12.2007 SRC Research lifts Aragon-target to 36 Euros after compexx acquisition 36.00 buy
Silvia Quandt Research GmbH Ralf Grönemeyer 17.12.2007 Aragon AG acquires Compexx 40.00 buy
HSBC Trinkaus Jesko Mayer-Wegelin 05.12.2007 Aragon : Benefitting from regulation and IFA network trend 34.50 overweight
Silvia Quandt Research GmbH Ralf Grönemeyer 03.12.2007 Q 3 Results and 2007 Outlook 40.00
Silvia Quandt Research GmbH Ralf Grönemeyer 21.11.2007 Best positioned to benefit from macro trends in germany, namely the shift towards individual financial advice 33.00
HSBC Trinkaus Jesko Mayer-Wegelin 31.10.2007 German Financials - An overview
UniCredit Bernd Müller-Gerberding 23.10.2007 UniCredit nimmt Coverage auf 35.00 buy
Kepler Equities Robert Hörberg 05.09.2007 Not divesting the jewel any more 35.00 buy
SRC Research André Hüsemann 30.08.2007 Günstige Positionierung und mit GAMAX guter Zukauf - sicher ein Investment wert! 34.00 accumulate
Dresdner Kleinwort Andreas Riemann 28.08.2007 Solid H 1 2007 results, FY estimates in reach 36.00 buy
Dresdner Kleinwort Andreas Riemann 27.07.2007 Synthesising distribution power 36.00 buy
Dresdner Kleinwort Andreas Riemann 27.07.2007 Digging in Deutschland
Kepler Equities Robert Hörberg 19.07.2007 Set to Profit from Divestment 35.50 buy
SRC Research André Hüsemann 06.07.2007 Aragon bestätigt Wachstumspfad in 1Q 2007 34.00 accumulate
HSBC Trinkaus Jesko Mayer-Wegelin 04/2007 German Financial Advisory
SRC Research André Hüsemann 20.04.2007 Unique Multichannel Player with outstanding growth prospects 34.00 buy
First Berlin / Commerzbank Ellis Acklin 26.03.2007 Rapidly emerging value of biw bank 38.00 buy
First Berlin / Commerzbank Ellis Acklin 26.02.2007 Primed for growth 26.50 buy
SES / M.M. Warburg Torsten Klingner 20.02.2007 Nach HCI nun auch MPC 22.00 buy