Reports and consensus on 1Q trading update 2021

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.

On 26 May 2021, the average target price for the Bekaert share, based on the recommendations of the 6 covering research analysts, amounts to € 43.67.

The analysts’ target prices vary between € 34 and € 56.

4 analysts recommend to BUY the Bekaert share and 2 analysts report a HOLD recommendation.


Reports on 1Q trading update 2021

Date Analyst Title Recommendation Target price
 26/05/2021 KBC  Read-through Michelin market data & preview CMD  Accumulate  €42 
 20/05/2021 ABN Amro - Oddo BHF EBIT-u margins improving faster than expected  Outperform  €56 
 12/05/2021 Degroof Petercam  Record revenues in Q1  Buy  €46 
 12/05/2021 KBC Strong start of the year, 19% organic sales growth  Accumulate  €42 
 27/04/2021 KBC Read-through Michelin results and preview 1Q Accumulate €40

Analyst consensus before 1Q 2021 disclosure

in millions of €

Consensus FY2021 before 1Q 2021

We received estimates (or used the latest published estimate) from 6 analysts, including ABN Amro, Degroof Petercam, ING, KBC Securities, Kempen, Kepler Cheuvreux. The last estimate was received on 13 April 2021.