February 24th, 2022 | 12:17 CET
Analysts on TeamViewer, Allianz, Altech: Game-changer potential
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"[...] We know exactly what we are doing and are implementing what we consider to be a proven technology in an industrially applicable and scalable way. [...]" Uwe Ahrens, Director, Altech Advanced Materials AG
Altech: researchanalyst report sees game-changer potential
Altech Advanced Materials AG could revolutionize the market for lithium-ion batteries with innovative approaches. That is the conclusion of a recent study by researchanalyst.com. The experts took a closer look at the Heidelberg-based Company and see game-changer potential. Altech is working with partners to increase battery performance by more than 15% and extend their service life by up to 30%. To this end, research is being conducted into anode coating with high-purity aluminum oxide (HPA) and silicon enrichment. If the Heidelberg-based Company succeeds in further increasing the proportion of silicon in the anode, performance increases of 50 or 100% are possible. Initial results are promising: laboratory tests have shown stable results with significantly improved properties. Modern batteries generally take years to develop, but Altech could quickly be on the market using a so-called drop-in technology.
The next stage is to set up a pilot production site and prove commercial and industrial production. If that succeeds, then "customers should be knocking on the Company's doors," analysts said. A 14-hectare industrial site in Saxony has already been acquired to build the pilot plant. The plant is expected to produce a capacity of about 10,000t annually. Initially, 120kg per day of the lithium-ion battery material will be produced for testing and qualification by customers. The knowledge gained will be used to optimize the plant design and process parameters for a full-scale production facility. The analysts conclude that Altech could shake up the battery market with its innovative approaches to optimizing performance. With these prospects, the current market capitalization of just under EUR 6 million does not seem too high. The full report is available at researchanalyst.com researchanalyst.com/de/report/altech-advanced-materials-bessere-batterien-fuer-e-autos free of charge.
TeamViewer: Unable to convince analysts
TeamViewer's stock has recovered from its lows in recent weeks. However, the majority of analysts advise against buying the stock. The disappointment over weak figures, the expensive marketing deal with Manchester United and changes in management over the past year are still too great. The Company provides cloud-based software that enables users to collaborate online and provide remote support globally. Services range from remote support of customers or employees to location-independent control, monitoring and managing equipment or complex machines and instruments, to workflows supported by augmented reality. Yesterday, Goldman Sachs confirmed its "Neutral" rating with a price target of EUR 16.50. The management of the software company pointed to the continued solid corporate business and did not rule out possible acquisitions. In February alone, seven analyst firms have spoken out on TeamViewer. Five of them recommend holding TeamViewer shares. Only DZ Bank, with a price target of EUR 20, and Warburg Research, with a price target of EUR 26, recommend buying. Both analysts view the announced share buyback as positive. DZ Bank sees TeamViewer as significantly undervalued compared to other companies in the sector.
Allianz: Analysts convinced by figures and outlook
Analysts are much more optimistic about the future prospects of the Allianz share. Since last Friday alone, there have been five buy recommendations. In the same period, two analysts have confirmed their hold recommendations. Previously, the German insurance travel had convinced with positive figures. Allianz increased operating profit by 25% to EUR 13.4 billion in 2021. Although profit fell by 3% to EUR 6.6 billion, this takes into account provisions of EUR 3.7 billion, of which EUR 2.8 billion came from legal disputes in the US. In the current year, the DAX-listed group aims to achieve an operating profit of between EUR 12.4 billion and EUR 14.4 billion. Of the analysts, Berenberg is particularly optimistic, with a price target of EUR 269, while JPMorgan sees "only" EUR 240 and advises holding the share.
After the share price crash, TeamViewer's recovery has lost momentum, and analysts are cautious. Allianz convinces with figures and outlook. If the pilot plant works, Altech could shake up the huge battery market.
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