NEW YORK (dpa-AFX) - The US bank JPMorgan has added Renk to its rating with a "Neutral" and a target price of 32.50 euros. The shares of the tank transmission manufacturer are an attractive investment, but the short-term price potential appears limited, wrote analyst David Perry in a study published on Tuesday. Investors have already recognized its advantages, which is why the share price has already more than doubled since the IPO in February. For investors looking to invest in the fast-growing European defense sector, Leonardo and Babcock offered more attractive short-term investment opportunities./gl/edh

Publication of the original study: 15.04.2024 / 21:35 / BST First distribution of the original study: 16.04.2024 / 00:15 / BST

-----------------------

dpa-AFX Broker - the Trader News from dpa-AFX

-----------------------