Consensus before third quarter trading update 2023

The analyst consensus data below is compiled and updated by Bekaert Group on a periodic basis. It represents a summary of the forecasts made by sell side investment analysts who provide their own research analyses and earnings estimates in respect of Bekaert.

Estimates are based on the assumption that the SWS business in Chile and Peru will be fully disposed by the end of 2023. As a consequence, there are no sales and margins taken into account in the consensus for these businesses.

3Q 2023

FY 2023

On 16 October 2023, the average target price for the Bekaert share, based on the recommendations of the 6 covering research analysts, amounts to € 49.25.

The analysts’ target prices vary between € 44.50 and € 59.00.

3 analysts recommend to BUY the Bekaert share and 3 analysts report a HOLD/NEUTRAL recommendation.

The forecasts are prepared by the sell side analysts and provided to Bekaert Group. The consensus data is presented by Bekaert Group for information only. Bekaert Group does not endorse or express any view on any forecasts or information provided. Bekaert Group does not publish guidance or forecasts for these measures of financial performance.

Although Bekaert will endeavour to procure that the information is kept updated, Bekaert assumes no obligation to update or revise such information to reflect circumstances existing after the date hereof. It should be noted that forecasts are by definition forward looking and are therefore subject to risks and uncertainties that may materially affect eventual results. Bekaert Group does not accept any liability for reliance upon, or actions taken based on, any of the information set out in this consensus data.

In order for the consensus to accurately reflect the current views of the analyst community, we reserve the right to exclude any forecast which is not current. This is defined as those forecasts which do not reflect any commentary or guidance reported by management within 30 days of the most recent results announcement.

The following analysts provide research coverage on Bekaert:

  • ABN Amro Oddo BHF, 
  • Degroof Petercam, 
  • ING, 
  • KBC, 
  • Van Lanschot Kempen, 
  • Kepler Cheuvreux. 

The last estimate was received on 16 October 2023.

Bekaert disclaims any liability for statements made or published by third parties and does not undertake any obligation to correct inaccurate data, information, conclusions or opinions published by third parties in relation to this or any other information source provided by Bekaert."