FRANKFURT (dpa-AFX Broker) - At the beginning of the week, the shares of engine manufacturer Deutz continued their high price gains of Friday. With a recent price gain of 9.2 percent to EUR 5.26, they were in first place in the second-line index SDax and closed the price gap that had opened up in July 2023.

On Friday, they had already gained almost six percent. The sale of the boat engine subsidiary to Yamaha Motor was well received. In just three trading days, investors have currently made a profit of one fifth.

The sale of the boat engine business should have a positive effect on margins, wrote analyst Jorge Gonzalez Sadornil from Hauck Aufhäuser Investment Banking on Friday. On Monday, the expert raised his price target for Deutz from EUR 8 to EUR 10./ajx/mis