Montega reiterates buy on IBU-tec, sets EUR 25 price target

• Montega reiterated a Buy rating on IBU-tec Advanced Materials on Sept. 10, 2026, setting a 12-month target price of EUR 25.
• Research cited on-schedule progress toward a 15,000-ton European LFP battery-material plant in Bitterfeld-Wolfen, backed by newly granted building permits.
• Montega highlighted management’s battery-segment revenue goal of EUR 85–90 million by 2030, up from EUR 17.7 million in 2025.
• Report flagged a PowerCo agreement securing full capacity access through 2038, while noting plans to broaden the customer base.
• Analyst Patrick Speck said the shares’ 25.3% year-to-date drop leaves risk-reward attractive even under base-case assumptions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. IBU-tec advanced materials AG published the original content used to generate this news brief via EQS News (Ref. ID: rc_26792) on September 10, 2026, and is solely responsible for the information contained therein.