Warburg Research Raises Target Price for Eleving Group Shares

Warburg Research GmbH has updated its financial model for Eleving Group, revising the target share price to EUR 2.60, announced on March 31, 2025. The revised target comes after Eleving Group's strong performance in 2024 and a successful bond placement.

The research highlighted Eleving Group's notable portfolio growth, with significant gains across all business segments. Net interest income grew substantially, while impairment expenses remained controlled, indicating solid loan quality. The Group achieved a strong return on equity of 32.4% and benefits from recent debt funding, positioning it strategically for continued growth.

Warburg has maintained its "Buy" rating, emphasizing that Eleving Group meets its strategic objectives consistently.