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Research Reports 2005

Posting all current research reports reports is impractical for many reasons. Therefore we regret that we cannot publish
a selection of research reports on this site. Analysts' reports can be obtained through such financial Internet portals as Aktiencheck, Onvista, Finanzen.net, newratings or Yahoo!Finance.

The following list, which is not comprehensive, includes banks and securities firms that publish regular research reports on Utimaco:

 

 

 

Date

Source

Analyst

Rating

Price Target in €

December 2005

Deutsche Bank

Boris
Blanche

Buy

10.30

November 11th, 2005SES ResearchFelix EllmannOutperformer10.25
October 27th, 2005equinetGerrit RohlederBuy9.00
October 26th, 2005SES ResearchFelix EllmannOutperformer10.30
August 12th, 2005SES ResearchFelix EllmannOutperformer8.65

July 2005

Deutsche Bank

Boris Blanche

Buy

9.50
June 1st, 2005

equinet

Gerrit Rohleder

Buy

7.50
May 30th, 2005SES ResearchFelix EllmannOutperformer8.00
April 22nd, 2005SES ResearchFelix EllmannOutperformer6.80
February 24th, 2005SES ResearchFelix EllmannOutperformer6.80
February 2nd, 2005CommerzbankAxel HotzeBuy 6.10
January 20th, 2005SES ResearchFelix Ellmann

Outperformer

4.40