PRESS RELEASE
from Ernst Russ AG (ETR:DE000A16)
Original-Research: Ernst Russ AG (von Quirin Privatbank Kapitalmarktgeschäft): Buy
Original-Research: Ernst Russ AG - from Quirin Privatbank Kapitalmarktgeschäft
15.04.2026 / 15:03 CET/CEST
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Classification of Quirin Privatbank Kapitalmarktgeschäft to Ernst Russ AG
| Company Name: | Ernst Russ AG |
| ISIN: | DE000A161077 |
| Reason for the research: | update |
| Recommendation: | Buy |
| from: | 15.04.2026 |
| Target price: | 12.50 |
| Last rating change: | |
| Analyst: | Ralf Marinoni |
Acquisition of 4 Tanker newbuildings
Following its communicated strategy, Ernst Russ is expanding beyond its traditional container shipping focus by entering the chemical/product tanker market. This is a strategic diversification move aimed at strengthening long-term cashflows. The company's entry into this new ship segment demonstrates that it is achieving its strategic goals: to diversify the fleet across various vessel segments. We therefore confirm our Buy recommendation and the EUR 12.50 Target Price.
You can download the research here: ErnstRuss20260415
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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2309112 15.04.2026 CET/CEST