Original-Research: Villeroy & Boch AG (von Quirin Privatbank Kapitalmarktgesc...

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Original-Research: Villeroy & Boch AG - from Quirin Privatbank

Kapitalmarktgeschäft

31.07.2026 / 13:13 CET/CEST

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Classification of Quirin Privatbank Kapitalmarktgeschäft to Villeroy & Boch

AG

Company Name: Villeroy & Boch AG

ISIN: DE0007657231

Reason for the research: update

Recommendation: Buy

from: 31.07.2026

Target price: 30.50

Last rating change:

Analyst: Ralf Marinoni

FY 2026 guidance confirmed

The macroeconomic environment (cautious consumer spending, very low growth

in Germany and Europe) remains challenging; against this backdrop, the

company has confirmed its guidance for the current financial year. Its

Dining & Lifestyle segment demonstrated fundamental strength and resilience.

As a result, we confirm our Buy recommendation and the EUR 30.50 TP.

You can download the research here:

https://nwr.eqs-cockpit.com/fncls2.ssx?fn=redirect&u=a54f87b2281fc1fea349f7d5bb73ca7d

For additional information visit our website:

https://research.quirinprivatbank.de/

Contact for questions:

Quirin Privatbank AG

Institutionelles Research

Schillerstraße 20

60313 Frankfurt am Main

research@quirinprivatbank.de

https://research.quirinprivatbank.de/

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2375526 31.07.2026 CET/CEST

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